Hong Kong's new digital asset policy leads financial innovation

On July 3, 2025, a forum focusing on Hong Kong's new digital asset policies was held in Causeway Bay. The event attracted numerous participants from the political, financial, and technological sectors to discuss the potential opportunities for the integration of traditional finance and decentralized finance, while also paying attention to the digitalization of real-world assets (RWA).

The event discussed Hong Kong's newly implemented 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 asset tokenization hub. National Committee member and Chairman of the Hong Kong Legislative Council's Web3 and Virtual Asset Development Affairs Group, Wu Jiezhuang, stated in his speech that the SAR government is accelerating the promotion of a new digital asset policy declaration, actively attracting international capital and innovative platforms through improved regulation and financial technology 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 roundtable forum, participants discussed the role and limitations of stablecoins in promoting RWA liquidity, and pointed 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 could serve as the basis for cross-market transactions of RWA, but to attract more traditional financial participation, 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. The program will provide funding, technical tools, and compliance guidance for startup projects, promote asset tokenization, and drive the practical application of RWA categories such as private credit, U.S. Treasury bonds, and alternative assets.

An executive from a blockchain infrastructure company stated that the company will continue to invest in building the foundational connections between traditional assets and blockchain networks. Its developed RWA asset management system has already served multiple international institutions and has engaged in discussions with the U.S. SEC's Crypto Task Force to promote the compliant development of digital assets and RWA. The company also plans to launch an institutional-grade RWA trading platform in Hong Kong, with its infrastructure already in collaboration with several well-known financial institutions. At the same time, the company will participate in the upcoming "digital asset regulatory sandbox" pilot program to assist local ecosystems in aligning with international standards and further solidify Hong Kong's pioneering position in the RWA field.

The event attracted over 300 industry representatives, facilitating multiple potential cooperation intentions on-site. With the comprehensive promotion of Hong Kong's new digital asset policy, industry insiders stated that they will join hands with more industry partners to accelerate the integration of traditional finance and the blockchain ecosystem, helping Hong Kong seize a high ground in the global Web3 competition.