April 19th (UTC+8), at the "Blockchain World, Future Without Borders" frontier technology forum, Hong Kong Legislative Council member (Technology Innovation Sector) Chiu Tak-keun delivered a speech. He clearly pointed out that Hong Kong has surpassed mere "technological racing," and is seizing the global innovation and technology governance high ground through top-level design. Member Chiu emphasized that Hong Kong's pioneering efforts in Web3 and RWA (Real-World Assets) regulation aim to provide "legal certainty" for global innovation and technology forces. As the regulatory framework for stablecoins and virtual asset licensing continues to improve, starting a business in Hong Kong is not only about technological implementation but also about obtaining a "passport to the world." Regarding future deployment, Member Chiu called on the industry to leverage Hong Kong's top scientific research resources, bridge the final hundred meters from "laboratory to Central trading desk," and accelerate the integration of AI productivity and Web3 value protocols. He reiterated that Hong Kong will utilize its unique gene of "backing the motherland and connecting to the world" to transition from a participant in global innovation and technology to a rule-maker.

Commentary: Hong Kong's Web3 and RWA regulation "pioneering efforts": a key leap from concept to asset implementation. Currently, Hong Kong authorities are also facing difficulties, needing to meet top-level compliance and stability requirements while implementing innovative "pioneering" measures. However, this speech clearly defined Hong Kong's positioning as a global digital asset hub.

On one hand, Hong Kong is becoming a "standard-setter" for global RWA, attracting high-quality assets from Asia and around the world (such as commercial real estate, supply chain finance, green energy projects) to enter the on-chain market through compliant channels.

On the other hand, by issuing the first stablecoin issuer licenses to HSBC and Anchorpoint Financial Technology Ltd., the launch of compliant stablecoins will greatly enhance on-chain payment efficiency and asset liquidity, providing underlying settlement tools for tokenized funds, bonds, real estate, and other RWAs, and promoting the formation of a "on-chain Hong Kong dollar" ecosystem.

Finally, Hong Kong provides legal and regulatory experience for global RWA and stablecoin regulation. As Chiu Tak-keun reiterated, Hong Kong's regulatory logic has shifted from "who you are" to "what you are doing," emphasizing transparency in processes, verifiability of assets, and controllability of risks.