Foresight News reports that Hong Kong Legislative Council member Yau Tak-ken delivered a keynote speech today at the HashKey Exchange "New Vision Phase 4 Salon" held in Hong Kong, calling for enhanced collaboration among the government, legislative bodies, and the industry to jointly promote the innovative development of Hong Kong's Web3 into the 2.0 era.

Yau Tak-ken pointed out that the healthy development of Web3 depends not only on industry innovation but also on the improvement of regulatory frameworks and policy safeguards to achieve balance. "Only through the combined efforts of the government, legislature, and industry can Hong Kong's Web3 realize true innovation and advance to the new stage of Web3 2.0."

He emphasized that Hong Kong will continue to improve laws and regulations in the virtual assets and Web3 sectors. The Legislative Council will also continue to promote related legislative processes to create a clearer and more predictable development environment for the industry, providing solid institutional support to build a global virtual asset hub.

According to Foresight News, Hong Kong Legislative Council member Chiu Tat-gen delivered a keynote speech today at the HashKey Exchange "New Vision Phase IV Salon" held in Hong Kong. He called for enhanced collaboration between the government, legislative bodies, and the industry to jointly promote the innovative development of Hong Kong's Web3 into the 2.0 era. Chiu pointed out that the healthy development of Web3 depends not only on industry innovation but also on the improvement of regulatory systems and policy guarantees to achieve balance. "Only when the government, legislature, and industry form a synergy can Hong Kong's Web3 achieve true innovation and advance to the new stage of Web3 2.0," he emphasized. He highlighted that Hong Kong will continue to improve laws and regulations related to virtual assets and the Web3 field. The Legislative Council will also continue to promote relevant legislative processes to create a clearer and more predictable development environment for the industry, providing solid institutional support for building a global virtual asset hub.

Qiu Dagen: Hong Kong's Web3 2.0 Phase Requires Collaboration Among Government, Legislation, and Industry