The Hong Kong Commercial Daily published an article by Sun Yuchen: The development of digital financial technology in Hong Kong is exciting

Summary: As a leader in the global blockchain industry, Sun Yuchen's article in the "Comment" column of the Hong Kong Commercial Daily not only reflects Hong Kong's open attitude towards the Web3 field but also conveys the industry's common expectation for Hong Kong to build a digital financial system that is both robust and innovative.
Industry Express
2025-10-13 19:33:56
Collection
As a leader in the global blockchain industry, Sun Yuchen's article in the "Comment" column of the Hong Kong Commercial Daily not only reflects Hong Kong's open attitude towards the Web3 field but also conveys the industry's common expectation for Hong Kong to build a digital financial system that is both robust and innovative.

Recently, TRON founder Justin Sun, in his capacity as a commentator, published a signed article titled "【Expert Insight】The Development of Digital Financial Technology in Hong Kong is Exciting" in the "Comment" section of the Hong Kong Commercial Daily. The article closely aligns with the Hong Kong SAR government's latest 2025 Policy Address, providing an in-depth interpretation of Hong Kong's policy direction in promoting fintech, cryptocurrency technology, and Web3 development, while expressing high recognition and expectations for Hong Kong's strategic positioning in the global digital finance landscape.

The core viewpoints of the article mainly include three aspects:

1. The Policy Address Clearly States Hong Kong's Determination and Measures for the Development of Web3

Justin Sun pointed out in the article that the Hong Kong Policy Address comprehensively showcases the government's clear blueprint and firm determination to build Hong Kong as a "global Web3 center" through various aspects, including the construction of new financial market infrastructure, enriching cryptocurrency investment products, regulating stablecoin businesses, and soliciting suggestions for the "Cryptocurrency Asset Declaration Framework." He believes this reflects Hong Kong's high recognition of the potential of cryptocurrency technology and digital financial innovation, providing positive signals for Chinese practitioners and industry participants.

2. Stablecoins and RWA Are Two Key Breakthroughs for Hong Kong's Development of Web3

The article further points out that the policy agenda emphasizes the two major applications of cryptocurrency technology: stablecoins and RWA (Real World Asset tokenization), indicating that Hong Kong has found a breakthrough in adopting cryptocurrency technology. Justin Sun analyzes that stablecoins, as a means of digital payment, can seamlessly connect traditional finance with decentralized finance (DeFi), enhancing payment efficiency; RWA involves tokenizing real-world assets, such as real estate, bonds, and artworks, releasing tremendous liquidity potential. The combination of the two not only promotes the implementation of cryptocurrency technology in the real economy but also helps enhance Hong Kong's competitiveness in the global financial market.

3. Outlook on the Future Development of Hong Kong's Web3

Justin Sun emphasized that the recently passed "Stablecoin Regulation Draft" makes Hong Kong the first region in the world to establish a comprehensive regulatory framework for stablecoins. He further analyzes the potential of the "Hong Kong Dollar Stablecoin + Offshore Renminbi Stablecoin" dual-currency model, believing that this innovative model can not only consolidate Hong Kong's status as a financial center but also become an important lever for the internationalization of the Renminbi, significantly reducing cross-border settlement costs and enhancing transaction efficiency, bringing new growth points for financial innovation in Hong Kong.

As a leading figure in the global blockchain industry, Justin Sun's publication of an expert insight article in the "Comment" section of the Hong Kong Commercial Daily is of significant importance. This not only reflects Hong Kong's open attitude towards the Web3 field but also conveys the industry's common expectation for Hong Kong to build a digital financial system that balances stability and innovation.

Justin Sun's insights combine macro industry perspectives with frontline practical insights, providing industry references for Hong Kong's Web3 strategy. His signed article in the Hong Kong Commercial Daily also marks the further integration of Web3 and digital financial concepts into the mainstream view. The practical experiences and thoughts from the industry will provide valuable references for the Hong Kong government in formulating regulatory policies for the cryptocurrency industry and developing the sector.

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