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Hong Kong introduces new policies to layout RWA and Web3 ecosystem to promote digital asset innovation.
On July 3, 2025, a forum focusing on Hong Kong's new policies was held in Causeway Bay, attracting numerous participants from the political, financial, and technology sectors. The event discussed Hong Kong's latest digital asset policy framework, exploring how it paves the way for financial innovation while balancing compliance and technological development, enhancing Hong Kong's status as a global center for tokenization of assets.
National Committee member of the Chinese People's Political Consultative Conference and Chairman of the Hong Kong Legislative Council's Web3 and Virtual Asset Development Subcommittee, Wu Jiezhuang, stated in his speech that the Hong Kong government is accelerating the promotion of a new digital asset policy declaration, actively attracting international funds and innovative platforms through the improvement of regulatory and fintech infrastructure. He emphasized that "Compliance as the foundation, innovation as the driving force" will be the core principle for Hong Kong's future development in Web3.
During the subsequent roundtable forum, participants discussed the role and limitations of stablecoins in promoting the liquidity of Real World Assets (RWA), pointing out that the technical integration and regulatory uncertainty currently faced by traditional institutions remain major challenges. Participants unanimously agreed that the price stability of stablecoins can serve as a foundation for cross-market transactions of RWAs, but to attract more participation from traditional finance, it is necessary to unify technical standards and clarify regulatory pathways.
During the forum, the organizers announced the official launch of the "RWA Bridge Program", which focuses on building a bridge between traditional finance and Web3, assisting financial institutions in entering the world of on-chain assets. This program will provide funding, technical tools, and compliance guidance to startup projects, promote asset tokenization, and drive the practical application of categories such as private credit, U.S. Treasury bonds, and alternative assets.
The co-founder and Chief Business Officer of a blockchain infrastructure company stated that the company will continue to invest in building the foundational connection between traditional assets and blockchain networks. Its developed RWA asset management system has already served multiple international institutions and has engaged in communication with the SEC's Crypto Task Force in the United States to promote the compliance development of digital assets and RWA.
The company also plans to launch an institutional-level RWA trading platform in Hong Kong, with its infrastructure already being used in collaboration with several well-known financial institutions. The company will participate in the upcoming "digital asset regulatory sandbox" pilot program to assist the local ecosystem in integrating with international standards and further solidify Hong Kong's leading position in the RWA field.
The event attracted over 300 industry representatives, leading to multiple potential cooperation intentions on site. With the comprehensive promotion of Hong Kong's new digital asset policy, the industry expressed that it will join hands with more industry partners to accelerate the integration of traditional finance and the blockchain ecosystem, helping Hong Kong seize the high ground in the global Web3 competition.