- Main event, leadership changes, market impact, financial shifts, or expert insights.
- Wu Jietzhuang promotes steady stablecoin and Web3 initiatives.
- Stablecoin progress aligns with global regulatory trends.
Hong Kong Legislative Council member Wu Jietzhuang announced on X platform his commitment to advancing Web3 development, focusing on stablecoins and RWA growth within a regulated framework.
Wu’s advocacy aims to position Hong Kong as a financial hub for Web3, promoting stablecoin regulatory alignment and fostering developer ecosystems that support real-world applications.
Stablecoin Regulation Aligns with Global Trends
Wu Jietzhuang’s statement underscores no unforeseen shifts in Hong Kong’s stablecoin regulations. The bill’s steady passage marks the progress of Hong Kong’s financial landscape. This consistency reassures stakeholders of predictable market landscapes, benefiting both local and international markets.
The integration of Web3 in the RWA sector gains momentum, enabled by regulatory sandboxes. Future-oriented trials encourage sectors to explore blockchain applications, poised to transform industry standards.
Community sentiment is positive towards the increased demand for Web3 developers. Wu advocates for a supportive ecosystem in Hong Kong, boosting public chains and compliant platforms. This initiative aims to cultivate growth while fostering technological talent.
Market Insights and Predictions
Did you know? The stablecoin regulatory bill’s passage mirrors the seventh Legislative Council’s meticulous approach, setting a precedent for harmonizing local trials with ambitious international expansions. Stablecoin policy convergence with broader global practices is underlined.
Ethereum (ETH), priced at $3,121.26, holds a market cap of $376.72 billion. Its market dominance stands at 12.24%. The 24-hour trading volume saw a significant decrease of 56.08%, recorded by CoinMarketCap on December 14, 2025.
Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 03:31 UTC on December 14, 2025. Source: CoinMarketCapCoincu researchers predict enhanced financial structures as RWA and Web3 developments solidify. Emphasizing a well-regulated framework, collaborative efforts with regulators may mitigate potential risks, aligning with Hong Kong’s vision for global leadership in digital assets.
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Source: https://coincu.com/news/hong-kong-web3-stablecoin-growth/
