The "Anchor" Web3 Future Summit Press Conference has successfully concluded, seizing new opportunities in the digital economy.

Written by: Web3.0 Standardization Association

On August 1, 2025, under the backdrop of the accelerated transformation of the global digital economy, the "'Anchor' Web3.0 Future Summit Press Conference" organized by the Hong Kong Web3.0 Standardization Association, undertaken by Ant Group's Digital Technology, co-organized by AI Mall Technology Ltd, and supported by the AIoT Research Institute of Hong Kong Polytechnic University and the IEEE Computer Society's Blockchain and Distributed Ledger Technology Standardization Committee, successfully concluded at AI Mall in Central, Hong Kong.

The press conference brought together several prominent guests from the government, academia, and industry, including Yang Debin, Honorary President of the Hong Kong Web3.0 Standardization Association, Legislative Councillor Yiu Tak-king, Chairman of the International Data Industry Alliance Che Ping-jue, Executive President of the Hong Kong Web3.0 Standardization Association Li Ming, as well as several bank executives and consuls stationed in Hong Kong. Elites from all sectors gathered to witness this historic moment as Hong Kong moves towards standardized, scaled, and international development in the fields of Web3.0 and fintech.

It is worth mentioning that on August 1st, the "Stablecoin Regulation" officially came into effect, establishing Hong Kong's first regulated licensing system for stablecoin activities. The implementation of this system not only lays a solid policy foundation for the development of the digital asset and stablecoin ecosystem but also marks a new era of standardized and scaled development for Hong Kong's digital asset and Web3.0 industries, setting a benchmark for the global wave of digital economy innovation.

With the implementation of the regulations, Hong Kong is attracting global capital, technology, and talent with a clear regulatory framework, promoting the fintech and digital economy towards a more open and prosperous direction. This press conference, gathering government representatives, industry leaders, and academic experts, coincides with this historic moment, adding special significance – all parties witness the opening of a new chapter in the standardized development of Hong Kong's Web3.0 industry, whose value and impact will continue to manifest as the industry progresses.

At the beginning of the event, guests including Yang Debin, Honorary President of the Hong Kong Web3.0 Standardization Association, Yau Tak-Gan, Legislative Council Member of the Hong Kong Special Administrative Region, Che Pinjue, Chairman of the International Data Industry Alliance, Li Ming, Executive President of the Web3.0 Standardization Association, and Huang Bin, Founder of AI Mall Technology Limited, took a commemorative photo together, and then delivered speeches in turn.

During the speech segment, Yang Debin stated that the best practices of Hong Kong can provide a "Hong Kong solution" for the development of the global Web3.0 industry through a standardizable path, promoting the integration of the digital economy with the world and allowing Hong Kong to seize critical opportunities in the accelerating evolution of the global digital economy, thereby laying a solid foundation for the high-quality development of the Web3.0 industry.

Qiu Dagen pointed out that the legislation of stablecoins is not only an innovative attempt in Hong Kong but also an important step in the global digital asset reform. The development of technology and industry standards is equally important, and the introduction of relevant regulations will help standardize the market and promote the healthy and orderly development of Web3.0.

Chepin Jue emphasizes that Hong Kong, with its unique geographical advantages and solid data asset foundation, will provide strong support for the international development of Web3.0.

Li Ming proposed that standardization work plays a crucial role in the development of the industry, especially in the early stages of the industry, where standards can be used to establish industry norms and consensus, which is of great significance for the healthy development of the Web3.0 industry.

During the media Q&A session, Yang Debin, a representative of the National People's Congress, a member of the Hong Kong Special Administrative Region Government Digital Economy Development Committee, and Honorary President of the Hong Kong Web3.0 Standardization Association, focused on the cooperation between Hong Kong and the mainland in the field of digital economy. In response to related questions, he stated that the digital economic exchanges between Hong Kong and the mainland are moving from policy alignment to deep collaboration. He cited an example: "For instance, in the field of stablecoins, Hong Kong can leverage its international advantages to explore complementary applications with the mainland's digital renminbi in cross-border trade, forming a collaborative pattern to promote the integrated development of the digital economy in both regions." Yang Debin also mentioned that as the flow of funds and data in the Greater Bay Area city cluster continues to deepen, Hong Kong will continue to play its role as an international financial center, promoting data interconnectivity, industrial innovation, and R&D cooperation, accelerating the industrialization of data.

During a response to questions regarding the background and vision of the "Stablecoin Regulation", Hong Kong Special Administrative Region Legislative Council member Paul Chan stated that the introduction of the regulation is an important measure for Hong Kong to align with the global trend of digital economic development, with the core goal of building a "safe, controllable, and innovative" stablecoin ecosystem. He pointed out: "The global stablecoin market has grown rapidly in recent years, and Hong Kong has taken the lead in establishing a licensing system, equipping Hong Kong with a globally leading digital asset regulatory framework, which helps attract quality institutions and enterprises to set up in Hong Kong and cultivate internationally competitive Web3.0 innovative companies. Member Chan also further explained that the focus of stablecoin legislation is to regulate trading and operational mechanisms, ensuring effective integration with traditional financial systems. He emphasized that stablecoins, as a cash-like payment tool, are mainly used for payment and circulation and should not be viewed as investment products. "Hong Kong's regulatory authorities are capable of managing this new type of product well, and in the future, differentiated regulatory approaches will be adopted based on the characteristics of different platforms to ensure the market develops in a stable and orderly manner.

Li Ming, the president of the Hong Kong Web3.0 Standardization Association, stated that the development of Web3.0 and stablecoins is not just about technological innovation, but also about serving the actual industrial needs. He cited the example of charging piles: "By integrating blockchain and asset tokenization business models, it can not only bring more capital to the asset entities to expand their scale but also expand the user base through tokenization, enhancing the liquidity and financing capability of the assets, thus promoting the development of the entire industry." Li Ming emphasized that the formulation of industry standards is not mere talk, but should effectively solve practical problems and promote the effective connection between assets and capital. Taking the RWA industry as an example, RWA tokenization involves various types of assets, multiple service entities, and multiple business links, which require standardization to regulate technical infrastructure and business specifications. The launch of the RWA registration platform on August 7 will streamline the entire process service system of dataization, assetization, and financialization of RWA asset tokenization. He stated that only by forming implementable and promotable international standards can Hong Kong's best practices contribute to the global development of the Web3.0 industry.

At a media briefing, Che Pinjue, chairman of the International Data Industry Alliance, responded to questions about the comparison of regulatory frameworks for stablecoins between Hong Kong and the international landscape. He stated that Hong Kong is at the forefront of regulation and market openness, with an overall regulatory framework that is relatively close to that of the United States, while the European Union is comparatively stricter. He pointed out that Hong Kong has taken the lead in establishing relevant systems internationally, fully demonstrating its leading advantage in balancing innovation and regulation. Che Pinjue also mentioned that data assets are a key element in the Web3.0 industry. With the development of stablecoins and Web3.0 technology, Hong Kong, leveraging its unique location and data asset base, is expected to provide solid support for the internationalization of related industries.

During the Q&A session, Huang Bin, founder of AI Mall Technology Limited and Secretary General of the Hong Kong Web3.0 Standardization Association, stated that the choice to hold this press conference at AI Mall is precisely because it represents the forefront of Hong Kong's digital economy and innovative technology. AI Mall gathers numerous tech companies and innovative resources, which aligns well with the development atmosphere of the Web3.0 and stablecoin industries, and provides a good platform for communication and showcasing for the attending guests. He added, "I hope that through the innovative space of AI Mall, more cutting-edge technologies can enter the lives of the public."

The entire press conference not only witnessed the important moment of the implementation of the "Stablecoin Regulation", but also clearly outlined the development path of Hong Kong's Web3.0 industry through guest sharing and in-depth discussions. The RWA research and technological achievements released at the meeting on August 7 further demonstrated the industry's breakthroughs in technological innovation and application landing, providing important references for subsequent industrial practices. It is reported that this press conference also serves as an important precursor to the "Anchoring the Future of Web3.0 Summit" held on August 7 at the Hong Kong Stock Exchange, where higher-profile guests such as Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference Leung Chun-ying, Secretary for Financial Services and the Treasury of Hong Kong Christopher Hui, and Legislative Council member Wong Kam-hung will attend, continuing to promote global exchanges and cooperation in the Web3.0 industry.

The successful holding of this event not only demonstrates Hong Kong's determination to balance规范发展 and innovative exploration in the Web3.0 field, but also provides the "Hong Kong experience" for global Web3.0 ecosystem construction. It is expected to accelerate the gathering of high-quality resources in Hong Kong, helping it to occupy a more critical position in the global digital economy competition.

"Anchor" Defines Web3.0 Future Summit Press Conference Hong Kong Media:

Xinhua News Agency Asia-Pacific Branch, People's Daily Asia-Pacific Branch, China Central Television Asia-Pacific Station, China News Service, Bauhinia New Media, Ta Kung Pao, Zhong Tong News Agency, Phoenix TV, Hong Kong News Agency, China Times, Hong Kong Commercial Daily, Guangzhou TV Station Hong Kong Reporter Station, 21st Century Business Herald, Hong Kong Newspapers, Hong Kong Economic Times, China Daily Asia Pacific, People's Political Consultative Conference News, Financial Magazine, Shenzhen TV Hong Kong Station, Hong Kong Events, Chinese Events, China Business News, US-China Times.

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