The Global Web3 Ecosystem Innovation and Application Summit concluded in Hong Kong, spotlighting blockchain compliance and real-world applications. Hosted by Mega Matrix Inc. and CoinQ, the event attracted over 1,000 participants, including regulators, traditional finance leaders, and Web3 innovators. Key discussions focused on stablecoins, cross-chain solutions, and real-world asset (RWA) digitization, fostering new cooperation opportunities. A highlight was the address by Tang Yi, Chairman of the Hong Kong Blockchain Association, who emphasized the importance of compliance in the evolution of stablecoins like USDC. The upcoming Hong Kong Stablecoin Ordinance, effective in 2025, aims to set a regional compliance benchmark. The summit also showcased UAEC's efforts in building a compliant RWA trading platform, underscoring Hong Kong's role as a fintech hub. Looking ahead, Tang Yi predicted 2026 as a pivotal year for compliant innovation, with Hong Kong and the U.S. leading the Web3 ecosystem. The summit's success underscores Hong Kong's growing influence in the global digital finance landscape.