Roundtable Discussion: How Is Hong Kong Shifting Toward a Real Blockchain Trading and Application Hub? (Author: 2026 Hong Kong Web3 Carnival | Compiled by | Wu Says Blockchain) The roundtable discussion on the Asian digital finance landscape at the 2026 Hong Kong Web3 Carnival saw industry professionals from Hong Kong and Japan state that the focus of competition in the next phase of the Web3 market has shifted from “licensing” to “implementation.”

Hong Kong Legislative Council member Qiu Dagen called for introducing exemption provisions similar to those in the United States for digital asset innovation, while Hong Kong Cyberport said it is working to move its RWA projects from PoC to commercialization. Participants generally believe that insufficient liquidity, the absence of market-making mechanisms, and high compliance costs have become the core bottlenecks for further expansion of the RWA and digital asset markets; Japan also revealed that it is pushing for adjustments to crypto regulatory rules to reduce corporate outflows and attract project backflows. Read more: