Ng Kit-chung has been re-elected to the Hong Kong Legislative Council for the eighth term, reaffirming his commitment to advancing Web3 development in the region. Ng aims to support the Hong Kong SAR government in fostering future industries such as embody intelligence, quantum computing, and space technology.
Additionally, Wu Jiezhuang addressed concerns about Hong Kong's Web3 trajectory, emphasizing that stablecoin development will continue steadily. He highlighted the existing regulatory sandbox for RWA, encouraging industries to experiment with Web3 technologies to drive real-world applications. Wu also plans to help build a talent ecosystem to attract developers and professionals to Hong Kong.
Hong Kong Legislator Ng Kit-chung Re-elected, Vows to Boost Web3 Development
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