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Cryptocurrency News Articles

The first White House Crypto Summit concluded. This highly anticipated conference did not release any substantial policy signals.

Mar 10, 2025 at 04:38 pm

Meanwhile, Hong Kong, which has clearly supported the development of virtual assets and has been steadily implementing various policies

The first White House Crypto Summit concluded. This highly anticipated conference did not release any substantial policy signals.

The first White House Crypto Summit concluded on March 7 under the intense scrutiny of the cryptocurrency industry, but no substantial policy signals were announced. In contrast, Hong Kong, which has clearly supported the development of virtual assets and has been steadily implementing various policies for over two years, is expected to release more positive signals in the future. As the apex event in the Asian digital landscape, the 2025 Hong Kong Web3 Carnival will set alight a new torch for the next decade of Web3 with a four-day agenda from April 6 to 9. This event is not only a barometer of policy direction but also a strategic high ground defining the future of Web3.

On the morning of April 7, at the main venue of the 2025 Hong Kong Web3 Carnival · Spring Stage, the Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, will share the latest developments in Hong Kong's virtual asset policies. The Executive Director of the Investment Products Division of the Hong Kong Securities and Futures Commission, Catherine Chan, will elaborate on the latest developments of virtual assets in Hong Kong and the cooperation opportunities between Hong Kong's asset management industry and the Web3 sector. Legislative Council member (Technology and Innovation Sector) Andrew Kwan will share the latest progress on the much-anticipated regulatory framework for stablecoins in Hong Kong.

From the perspective of Web3 technology and integration, Zhi Tao Ma, Vice President and Chief Information Officer of WeBank, and Director of WeBank Technology, will present a series of innovative practices based on the FISCO BCOS blockchain, sharing how blockchain technology can support the construction of Hong Kong's Web3.0 ecosystem. Jian Guang Shen, Vice President and Chief Economist of JD Group, will discuss global trends in stablecoins. These two speakers will represent industry pioneers, showcasing China's fintech thoughts and explorations in the Web3 field.

Focusing on Hong Kong and a global perspective, Li Guoquan, Dean of the Global Fintech Institute, Genki Oda, President of the Japan Virtual Currency Exchange Association (JVCEA), and Kevin Goldstein, Co-founder and Managing Partner of Kee Global Advisors, will inspire new ideas for global Web3 cross-border regulation and cooperation through a roundtable discussion.

After the White House Crypto Summit, Web3 is increasingly intertwined with the comparison between China and the United States. David Bailey, CEO of Bitcoin Magazine and an attendee of the White House Crypto Summit, will be present at the 2025 Hong Kong Web3 Carnival to dissect U.S. crypto policies.

Jason Bresst, Managing Director of Key Bridge Advisors, and Chen Zhong, Professor and PhD Supervisor at Peking University, will share their latest insights from the perspectives of China and the U.S. What role will Hong Kong play in this competition for leadership in the next-generation technology revolution?

From April 6 to April 9, the 2025 Hong Kong Web3 Carnival will span four days with nearly 40 themed forums presented in various venues themed around the Four Seasons of National Style. More than 400 experts, scholars, and industry leaders from different fields around the world will focus on vertical areas such as technology, finance, security, and entertainment, providing unique insights across industries for investors, developers, and project parties.

At the same time, many globally renowned projects will also make appearances on-site, setting up booths and offering cutting-edge technology experiences and quality services, including title sponsors TON Foundation, GMGN, OKX Web3, diamond sponsors PlatON, Umy.com, platinum sponsors CKB Eco Fund, Qtum, SlowMist, co-organizers Akreen, AltLayer, RD Technologies, SNZ Holding, gold sponsors Alchemy Pay, Beyond Gaming (BG) Labs, BytePlus, OneKey, Shanghai Data Exchange, primary booth sponsors BrickBank, FO.COM, Google Cloud, Hotcoin, Kun, TokenPocket, secondary booth sponsors CertiK, ChainUP, HappyMeta, Neo, WebX, and tertiary booth sponsors APS Money, Bitjungle, Fufuture, Keyblock Solutions, Metya, MoneyCollect, Nextlink, PingCap. Additionally, side event organizers Animoca Brands, DRK Lab, EthAsia, Hashkey Exchange, Meet48, MetaEra, SlowMist, TON Foundation, W3SA-HK, with intellectual support from Brevis, and Open Stage sponsors Boundless, Microsoft, Primecoin, and Solana Foundation will also bring exciting content. Special thanks to Networking Lounge sponsor Pharos and coffee bar sponsor GMGN.

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Other articles published on Apr 08, 2025