Wu Jie Zhuang: A written proposal has been submitted to John Lee, planning to take the lead in establishing a Belt and Road crypto asset regulatory alliance.

Hong Kong Legislative Council member Wu Jiezhuang posted on X, stating that he has submitted written recommendations to John Lee regarding the 2025 Policy Address, covering 6 major areas and 27 recommendations, including: 1. Suggesting further promotion of Hong Kong as a Web3 hub: focusing on policy support, talent cultivation, and industrial ecology, including improving regulations and tax incentives for crypto assets and tokenized assets. 2. Taking the lead in establishing a Belt and Road crypto asset regulatory alliance: jointly promoting the development of Web3 policy regulation with Belt and Road countries and regions, holding an annual crypto asset regulatory summit in Hong Kong, and designing Web3 management standards that comply with international rules. 3. Establishing an Asset Tokenization RWA Development Institute: The institute's functions include researching relevant compliance laws, promoting Hong Kong's asset tokenization opportunities to the outside world, thereby attracting more companies to develop in Hong Kong. [Foresight News]