According to Gate News bot, Tech In Asia reported that on June 23, the industry association Web3 Harbour, based in Hong Kong, and PwC Hong Kong released the “Hong Kong Web3 Blueprint.”
This document outlines the strategy for strengthening blockchain infrastructure in the region. The blueprint is developed based on the opinions of industry stakeholders, focusing on five key areas: talent, market infrastructure, standards, regulation, and funding.
It focuses on applications in open finance, trade finance, capital markets, asset management, and carbon markets.
Gary Liu, the chairman of Web3 Bay, stated that the blueprint aims to guide the private sector in integrating Web3 technology into Hong Kong’s financial infrastructure. The release of this blueprint comes at a time when global interest in stablecoins is growing, especially after the U.S. Senate passed the GENIUS Act.
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