The location of this summit at Cyberport is highly symbolic for the industry. As the core carrier area of the Web3 ecosystem in Hong Kong, Cyberport has previously launched a blockchain and digital asset pilot funding program, allocating a total of HKD 50 million to support the construction of the ecosystem and attracting over a thousand fintech companies to settle down. The landing of this global Web3 summit not only highlights the pivotal role of Cyberport in the Web3 industry in Hong Kong, but also utilizes this platform to achieve deep integration between global regulatory authorities, traditional financial institutions, and the Web3 industry, building a key bridge for the coordinated promotion of industrial innovation and compliance development.
The collective appearance of regulatory and traditional financial giants has become the core highlight of this preheating summit. The summit agenda shows that the Hong Kong Stock Exchange, Hong Kong Monetary Authority, and US SEC will jointly participate in roundtable discussions. The establishment of this cross regional regulatory dialogue mechanism is expected to promote the coordination and mutual recognition of global Web3 regulatory standards. In recent years, Hong Kong has been promoting the development of the Web3 industry with a focus on "compliance first". From the implementation of the stablecoin regulation to the implementation of the virtual asset trading platform license system, and to the release of the "ASPIRe" regulatory roadmap by the China Securities Regulatory Commission, a compliance framework covering the entire industry chain has gradually taken shape. The simultaneous dialogue between regulatory agencies and TradFi giants this time also means that Hong Kong is accelerating the deep integration of traditional finance and the Web3 ecosystem, injecting more certainty into the development of the industry.
The upcoming '2026 Hong Kong Web3 Compliance Guidelines White Paper' is regarded by the industry as the core outcome of this summit. As an important guiding document for the development of the Web3 industry in Hong Kong, the white paper will further refine the industry compliance operating standards for 2026, and is expected to provide clear guidance in key areas such as virtual asset trading, RWA (Real World Asset) tokenization, and cross-border digital asset circulation. Looking back at the development history of the Web3 industry in Hong Kong, the continuous improvement of compliance framework has always been the core driving force. Previously, the implementation of stablecoin regulatory regulations promoted giants such as JD.com and Ant to compete for local licenses, while attracting overseas compliant stablecoins to settle in Hong Kong through international mutual recognition channels, forming a dual track development pattern of "local licenses+international mutual recognition". The industry expects that the release of the new white paper will further clarify the boundaries of industry development, reduce compliance costs for enterprises, and attract more international capital and high-quality projects to land in Hong Kong.
From the perspective of industrial development, this summit and the release of the white paper are key signals for the transformation of Hong Kong's Web3 industry from "framework building" to "ecological deepening". In recent years, the Web3 industry in Hong Kong has gradually expanded from early virtual asset trading to diverse fields such as RWA tokenization and DeFi compliance applications. Enterprises such as Yunfeng Finance and Ant Group have laid out related tracks and launched innovative businesses such as asset tokenization and public chain infrastructure. The upcoming compliance guidance white paper will provide clear compliance guidelines for these innovative applications, helping Hong Kong's Web3 industry achieve the development goal of "controllable risks and thriving innovation", which is highly in line with the strategic positioning of the Hong Kong SAR government to "build a global leading digital asset center".
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