【Hong Kong Legislative Council Member Wu Jiezhuang: The SAR Government Can Refer to the Securities Industry to Establish a DAO Licensing System】Golden Finance reports that Wu Jiezhuang, chairman of the Hong Kong Legislative Council, Web3 and Virtual Assets Development Forum Committee, stated that the Hong Kong High Court heard the world's first lawsuit involving decentralized autonomous organizations (DAOs) this August. Currently, the United States and Abu Dhabi have relevant legal frameworks regulating DAOs. Since DAOs do not have legal entities, it is suggested that the SAR government refer to the licensing practice of the securities industry to establish a DAO licensing system, requiring licensed DAOs to clarify internal individual relationships and to establish responsible personnel (RO) to ensure that licensed companies comply with the regulations of regulatory agencies and maintain the daily operations of the company.