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Associated Press
12-03-2025
- Business
- Associated Press
HK Web3 Festival 2025 Announces April 7 Agenda Focused on Virtual Asset Regulation
The HK Web3 Festival 2025 agenda for April 7 is now unveiled, spotlighting Hong Kong's evolving regulations on virtual assets. Industry leaders, policymakers, and innovators will discuss the future of Web3, regulatory advancements, and opportunities shaping Hong Kong's position as a global digital asset hub. Hong Kong, March 12, 2025 -- The White House just hosted a groundbreaking Crypto Summit on March 7th, but with no significant implications for regulatory policies and market sentiment. Amidst the rapid-changing Web3 market, Hong Kong is set to make a difference - With the Hong Kong Web3 Festival 2025 drawing near, global pioneers and experts in Web3 will be gathered to share invaluable ideas, explore the future, and make new rules for the industry. On April 7th, the Mainstage 'Spring' will convene top figures across industries, with the Honourable Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region, sharing updates on Hong Kong's virtual asset policies. Christina Choi, Executive Director of Investment Products, Securities and Futures Commission, Hong Kong, will elaborate on the updates of Hong Kong's virtual assets landscape and the potential collaboration between the asset management and Web3 industry. Following Christina will be Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong, who will be discussing the latest development on Hong Kong's stablecoins. Henry Ma, Executive Vice President and CIO of WeBank and Director of WeBank Technology Services, will share exciting practices from the FISCO BCOS. SHEN Jianguang, Vice President and Chief Economist of Inc., will discuss the global trends in stablecoin development. An enlightening, regulation-focused panel discussion will then take place, featuring David Lee, Chairman, Global FinTech Institute, Genki Oda, Chairman of Japan Virtual and Crypto assets Exchange Association, and Kevin Goldstein, Co-founder and Managing Partner of Kee Global Advisors. Bitcoin Magazine's CEO David Bailey, also a participant of the White House Crypto Summit, will physically attend the Festival with updates of the US' cryptocurrency policies. Jason Brett, Managing Director of Key Bridge Advisors, and CHEN Zhong, Professor and Doctoral supervisor at Peking University, will deliver keynote presentations regarding Web3 in China and the US. Taking place at the iconic Hong Kong Convention and Exhibition Centre (HKCEC) across 14,000㎡ — 1.5 times the size of previous editions — the festival promises a vibrant environment for networking, learning, and collaboration. It features nearly 40 forums covering diverse topics, bringing together more than 400 global experts, professionals, investors and pioneers in the Web3 industry. Notably, this year's four stages are splendidly designed around the four seasons, combined with elements of typical traditional Chinese architecture. Furthermore, the event has also unveiled an impressive lineup of 2025 sponsors so far, including: Title: TON Foundation, GMGN, OKX Web3 Diamond: Umy, PlatON Platinum: CKB Eco Fund, Qtum, SlowMist Co-organizer: AltLayer, Arkreen, RD Technologies, SNZ Holding Side-Event: Animoca Brands, DRK Lab, ETHAsia, HashKey Exchange, Meet48, MetaEra, SlowMist, TON Foundation, W3SA-HK Gold: Alchemy Pay, Beyond Gaming (BG) Labs, BytePlus, OneKey, Shanghai Data Exchange Primary: BrickBank, Google Cloud, Hotcoin, 鲲KUN, TokenPocket Secondary: CertiK, ChainUP, HappyMeta, Neo, WebX Tertiary: APS Money, Bitjungle, Fufuture, Keyblock Solutions, Metya, MoneyCollect, Nextlink, PingCap Knowledge: Brevis Open Stage: Boundless, Microsoft, Primecoin, Solana Foundation Networking Lounge: Pharos Coffee Bar: GMGN Grab your passes at $599: Follow us on X (@festival_web3) to stay current with the event. Join TG community to get updates: Name: Media Team Email: Send Email Organization: Hong Kong Web3 Festival 2025 Disclaimer: This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed. You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence. Release ID: 89154997 Should you come across any errors, concerns, or inconsistencies within this press release's content, we urge you to reach out without delay by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our committed team will promptly address your feedback within 8 hours and take appropriate measures to resolve any identified issues or guide you through the removal process. Providing accurate and dependable information remains our utmost priority.
South China Morning Post
31-01-2025
- Business
- South China Morning Post
Tencent-backed WeBank eyes Web3 expansion in Hong Kong
Published: 7:00am, 1 Feb 2025 Tencent Holdings -backed online lender WeBank is leveraging its new Hong Kong subsidiary to tap the city's expanding Web3 market, according to a company executive, as the financial hub continues its pursuit to establish itself as a virtual asset hub. WeBank Technology Services, launched this month, plans to be 'deeply involved' in developing the city's Web3 infrastructure, as it holds a 'very open' attitude towards the industry, WeBank's chief information officer Henry Ma said in an interview. 'I think Hong Kong needs a robust and regulator-friendly Web3 infrastructure,' Ma said. 'I believe we are a very good fit.' Founded by Tencent and other Chinese firms in 2014, Shenzhen-based WeBank is China's largest online-only lender and the world's 10th largest unicorn, valued at 235 billion yuan (US$32.4 billion) last year, according to a Hurun Research Institute report published in April. Henry Ma, chief information officer at WeBank, speaks at the opening of Hong Kong Fintech Week on October 31, 2018. Photo: K. Y. Cheng Beyond digital banking, WeBank also operates an open-source blockchain platform named FISCO BCOS, which the company said in December has more than 500 use cases in China across industries including finance, government services and education.
