With STBL, the trading of on-chain financial products can be realized within the compliant framework of Hong Kong. This is an important milestone for the digital finance industry in Hong Kong.

After OSL Exchange, HashKeyExchange, and HKVAX, Hong Kong's licensed virtual asset trading platform (VATP) welcomes four new members.

As the third consecutive event, the 2025 Hong Kong Web3 Carnival is expected to attract tens of thousands of participants, building on the reputation and global influence established by the previous two events. It will continue to bring together elites and cutting-edge projects from the global Web3 field to explore the infinite possibilities of Web3 technology, offering an unprecedented technological feast for attendees from around the world.

Stablecoins are not only an important branch of virtual assets and the Web3 market, but they have also gradually become a widely accepted payment method due to their value stability and transaction convenience, serving as the most important "bridge" connecting traditional finance and the crypto market.

For Hong Kong's virtual currency spot ETFs, the next step should be to reduce fees and simplify the subscription and redemption process, in order to secure a place in the global competition.

Industry experts have analyzed that multiple stakeholders with vested interests are "catching up" due to the early approval of ETFs, with different institutions coordinating and addressing bottlenecks. Two months later may be the key turning point for volume growth.

The "cautious development" phase of "stability and caution" has now come to a temporary end, entering the development phase, as development is the hard truth.

The essence of innovation is to try and allow failure to occur. Most importantly, it is about how to reflect on mistakes and accumulate experience from failures.

In the past year, the Hong Kong Web3 market has experienced more events than in any previous year, and the development has been much faster than before.

Hong Kong, as the Eastern Web3 stronghold, has just begun its game with the West.