Global Web3 Summit in Hong Kong Highlights Compliance and RWA Innovation

iconBlockbeats
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
The Global Web3 Summit in Hong Kong focused on blockchain innovation and regulatory alignment. Hosted by Mega Matrix and CoinQ, the event attracted over 1,000 participants, including regulators and Web3 industry leaders. Key speakers included Tang Yi, President of the Hong Kong Blockchain Association (HKBA), and co-founder of the United Asia Exchange Center (UAEC), who discussed the development of real-world assets (RWA) and compliance. UAEC, a Web3 news and RWA platform, announced its plans for SEC S-1 registration and a Nasdaq listing.
Original Source: UAEC


At the beginning of the Lunar New Year, Hong Kong's Digital Harbour ignited sparks of Web3 innovation. Hosted by NASDAQ-listed Mega Matrix Inc. (NASDAQ: MPU) and CoinQ, with support from over a dozen Web3 organizations including Polaris, the "Global Web3 Ecosystem Innovation and Application Summit" successfully concluded at the Digital Harbour. The event was covered throughout by more than 100 global media outlets. Themed "Ecosystem Innovation × Practical Application," the summit brought together global regulators, traditional finance, and over 500 Web3 leaders, focusing on blockchain compliance and real-world applications. Over 1,000 participants gathered on-site, including asset managers, compliance platforms, public chain projects, and innovation pioneers. Dozens of cutting-edge presentations covered RWA, stablecoins, and cross-chain solutions, fostering multiple cooperation intentions. With over a million views generated, the event propelled Web3 from concept to reality, injecting new momentum into the global industry.


As a core highlight of the summit, Mr. Tang Yi, Chairman of the Hong Kong Blockchain Association (HKBA) and co-founder of UAEC, took the stage as a special guest speaker to share strategic insights into Web3 under the global compliance trend. Since establishing HKBA in 2017, Chairman Tang has consistently promoted the integration of blockchain with traditional finance, and his forward-looking perspectives ignited the entire audience. The event was live-streamed on the Polaris Marketing platform and attracted more than 10,000 viewers worldwide.


The Hong Kong Blockchain Association (HKBA) is an open, autonomous, and equal decentralized organization (DAO) dedicated to connecting the Greater China region and the Web3 metaverse world through learning, communication, and the promotion of blockchain technology, with the goal of transforming Hong Kong into an AI blockchain financial technology hub. Its Metaverse Education Institute (1College.org) serves as an online knowledge-sharing platform, connecting industry experts, investors, educators, and startups. The incubator Com2000 (Com2000.org) is a significant accelerator in the Web3 field, having received approval from the U.S. Securities and Exchange Commission (SEC) for its S-1 registration (CIK: 0001886086, File Number: 333-260491). It is expected to enter the U.S. market in 2026, promoting the integration and innovation of blockchain with traditional industries.


As a core partner of the HKBA, UAEC (United Assets Exchange & Capital, UAEC.net) focuses on building a compliant RWA trading platform. The team combines experts from traditional finance, regulatory compliance, and the crypto industry, offering one-stop services including asset tokenization, trading, ATMs, and UVISA cards. UAEC holds licenses such as the U.S. MSB, Dana Trust in Hong Kong, and UEPAY in Dubai, has passed a Certik audit, and is accelerating its Nasdaq listing process. These milestones not only amplify the summit's influence but also highlight Hong Kong's charm as an international fintech hub. Led by President Tang Yi, UAEC and HKBA are becoming global engines of the Web3 ecosystem.


I. Compliance as Infrastructure: Dual Drivers of USDC Evolution and Hong Kong's "New Policies"



President Tang Yi pointed out that the rise of the compliant stablecoin USDC demonstrates that the "compliance-first" approach is key to gaining market trust and achieving scalable growth. She emphasized that Hong Kong's upcoming Stablecoin Ordinance, effective by 2025, is setting a new regional benchmark. "The rise of USDC essentially reflects the strengthening of U.S. dollar hegemony in the digital era, and this 'compliance-first' development path provides important lessons for the global stablecoin ecosystem," President Tang Yi stressed.


This insight aligns perfectly with Hong Kong's regulatory innovation. In August 2025, Hong Kong's "Stablecoin Ordinance" will officially take effect, establishing a high industry entry threshold through a strict licensing system and ensuring full regulatory oversight by the Hong Kong Monetary Authority (HKMA), setting a compliance benchmark for the Asia-Pacific region. Leading institutions such as JD Coin Chain have already actively responded by initiating stablecoin sandbox testing, accelerating the implementation of innovations. Looking ahead to 2026, the compliant deployment of Hong Kong Dollar stablecoins will be fully rolled out, further empowering the digital transformation of cross-border payment systems and making Web3 applications truly "grounded" in practical use.


II. The New Paradigm of RWA: UAEC Empowers Asset Digitization, Building a Globally Leading Trading Ecosystem



The RWA track became a highlight of the summit, with President Tang Yi providing a detailed introduction to the practical implementation of the UAEC platform. As a co-founder of UAEC, President Tang Yi's team has created a key node in this globally compliant RWA ecosystem.


"The core of RWA lies in building asset trust within a compliant framework," pointed out Chairman Tang Yi. UAEC positions itself as a key promoter of the global compliant RWA ecosystem, with Tang Yi personally serving as CEO. The platform combines elite professionals from both traditional finance and the crypto industry. It provides end-to-end services ranging from asset tokenization, trade matching, to payment and settlement. UAEC has also established a dual assurance system of "licenses in three regions + technical security," holding key licenses in the United States, Hong Kong, and Dubai, and has passed top-tier security audits. UAEC's global presence is also remarkable. The company is headquartered in Wyoming, USA, with branch offices in Hong Kong and Shenzhen, and is actively advancing its Nasdaq listing. Its model demonstrates that the core competitiveness of RWA lies in building asset trust within a compliant framework.


III. Currency-Stock Linkage 2.0: Insights from Hong Kong Stocks, Sharing the New Dividends of U.S. Equities



President Tang Yi, under the theme of "Crypto-Stock Synergy 2.0," briefly analyzed how listed companies can achieve value growth through the use of cryptocurrency assets. Taking Meitu Company as an example, in 2021, its founder Cai Wensheng (honorary advisor of the Hong Kong Blockchain Association) used $100 million in cash to purchase BTC and ETH. By the end of 2024, after a market rebound, he liquidated his holdings, earning approximately $79.63 million (equivalent to HK$570 million) in profits, and distributed a special dividend to shareholders, setting a benchmark in the Hong Kong stock market.


Hong Kong's ecosystem is maturing, with 11 licensed platforms like HashKey building a service network to enable asset interconnectivity. The U.S. "Project Crypto" initiative is accelerating the integration of tokenized securities, and the UAEC listing plan aligns with this trend.


IV. Outlook for 2026: Ecological Innovation for a Shared Future, Hong Kong's Web3 Leading the Global Journey



At the closing of the summit, President Tang Yi looked ahead, stating, "2026 will be a golden era for compliant innovation, with RWA and crypto-equity interactivity set to explode. Hong Kong and the United States will become the 'dual engines' of Web3." He called on industry partners to work together, and the Hong Kong Blockchain Association (HKBA) and the United Arab Emirates Chamber (UAEC) will actively support like-minded partners by providing resource connections and in-depth exchange opportunities. He warmly welcomed guests from around the world to visit Hong Kong and jointly explore a new blueprint for digital finance.


This article is a contribution and does not represent the views of BlockBeats.


Click to learn about BlockBeats' job openings.


Welcome to join the official Lulin BlockBeats community:

Telegram Subscription Group:https://t.me/theblockbeats

Telegram discussion group:https://t.me/BlockBeats_App

Official Twitter account:https://twitter.com/BlockBeatsAsia

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.