The post John Wu Re-Elected to Hong Kong LegCo, Aims to Boost Web3 and AI-Driven Finance Growth appeared on BitcoinEthereumNews.com. COINOTAG News reports that on December 8, Hong Kong’s Legislative Council election concluded, with incumbent councilor John Wu re-elected by a tally of 1,311 votes. The result reinforces Hong Kong’s emphasis on the finance-tech axis as markets watch for policy signals affecting crypto and blockchain initiatives. Wu commented, “The competition in this election was fierce, and I am very honored to be re-elected. Over the next four years, I will continue to implement my policy platform, promote the development of Hong Kong’s finance and technology sectors, especially industries such as Web3 and artificial intelligence, and create new economic growth drivers for Hong Kong.” The outcome underscores a continued focus on crypto and blockchain policy within Hong Kong’s vibrant fintech ecosystem, as investors monitor developments in Web3 and AI-driven innovation across regulated markets. Source: https://en.coinotag.com/breakingnews/john-wu-re-elected-to-hong-kong-legco-aims-to-boost-web3-and-ai-driven-finance-growthThe post John Wu Re-Elected to Hong Kong LegCo, Aims to Boost Web3 and AI-Driven Finance Growth appeared on BitcoinEthereumNews.com. COINOTAG News reports that on December 8, Hong Kong’s Legislative Council election concluded, with incumbent councilor John Wu re-elected by a tally of 1,311 votes. The result reinforces Hong Kong’s emphasis on the finance-tech axis as markets watch for policy signals affecting crypto and blockchain initiatives. Wu commented, “The competition in this election was fierce, and I am very honored to be re-elected. Over the next four years, I will continue to implement my policy platform, promote the development of Hong Kong’s finance and technology sectors, especially industries such as Web3 and artificial intelligence, and create new economic growth drivers for Hong Kong.” The outcome underscores a continued focus on crypto and blockchain policy within Hong Kong’s vibrant fintech ecosystem, as investors monitor developments in Web3 and AI-driven innovation across regulated markets. Source: https://en.coinotag.com/breakingnews/john-wu-re-elected-to-hong-kong-legco-aims-to-boost-web3-and-ai-driven-finance-growth

John Wu Re-Elected to Hong Kong LegCo, Aims to Boost Web3 and AI-Driven Finance Growth

2025/12/08 13:56

COINOTAG News reports that on December 8, Hong Kong’s Legislative Council election concluded, with incumbent councilor John Wu re-elected by a tally of 1,311 votes. The result reinforces Hong Kong’s emphasis on the finance-tech axis as markets watch for policy signals affecting crypto and blockchain initiatives.

Wu commented, “The competition in this election was fierce, and I am very honored to be re-elected. Over the next four years, I will continue to implement my policy platform, promote the development of Hong Kong’s finance and technology sectors, especially industries such as Web3 and artificial intelligence, and create new economic growth drivers for Hong Kong.”

The outcome underscores a continued focus on crypto and blockchain policy within Hong Kong’s vibrant fintech ecosystem, as investors monitor developments in Web3 and AI-driven innovation across regulated markets.

Source: https://en.coinotag.com/breakingnews/john-wu-re-elected-to-hong-kong-legco-aims-to-boost-web3-and-ai-driven-finance-growth

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Tokenization Key to Modernizing US Markets

Tokenization Key to Modernizing US Markets

The post Tokenization Key to Modernizing US Markets appeared on BitcoinEthereumNews.com. The Strategy: SEC Chair Paul Atkins designates “tokenization” as the industrial strategy to modernize US capital markets, launching the “Project Crypto” initiative. The Rules: A new “Token Taxonomy” will legally separate Digital Commodities, Collectibles, and Tools from Securities, ending the “regulation by enforcement” era. The Privacy: The SEC’s Dec 15 roundtable will feature Zcash founder Zooko Wilcox, signaling a potential policy thaw on privacy-preserving infrastructure. Securities and Exchange Commission (SEC) Chair Paul Atkins has formally aligned the agency’s mission with the digital asset revolution, declaring “tokenization” as the critical alpha required to modernize America’s aging capital markets infrastructure.  In a definitive signal to Wall Street, Atkins outlined the next phase of “Project Crypto,” a comprehensive regulatory overhaul designed to integrate blockchain rails into the federal securities system. Related: U.S. SEC Signals Privacy Enhancement in Tokenization of Securities U.S. SEC Chair Touts Tokenization as the Needed Element for Modernizing Capital Markets According to Chair Atkins, tokenization is the alpha needed to modernize the capital markets in the United States. As such, Chair Atkins noted that the SEC’s Project Crypto will focus on issuing clarity under the existing rules as Congress awaits passing the CLARITY  Act. Moreover, the SEC Chair believes that major global banks and brokers will adopt tokenization of real-world assets (RWA) in less than 10 years. Currently, the SEC is working closely with the sister agency Commodity Futures Trading Commission (CFTC) to catalyze the mainstream adoption of tokenized assets. Chair Atkins stated that tokenization of capital markets provides certainty and transparency in the securities industry. From a regulatory perspective, Chair Atkins stated that tokenized securities are still securities and thus bound by the existing securities laws. However, Chair Atkins stated that digital collectibles, commodities, and tools are not securities, thus not bound by the 1940s Howey test. As such,…
Share
BitcoinEthereumNews2025/12/08 18:35