MAI

Yu Jianing: Web 3.0 is experiencing a "decentralization regression," and will evolve along the main line of "one horizontal and one vertical" in the future

ChainCatcher news, at the "Web3 Future Night" gala held during the Hong Kong Web3 Carnival, Uweb founder and president Yu Jianing delivered a keynote speech on "Key Trends and Outlook for Web3.0 in 2025." He stated that the current Web3.0 is experiencing regression phenomena such as increased centralization, declining project quality, and weak capital inflows.He pointed out that from 2024 to 2030, Web3.0 digital assets will evolve along "two main lines": one is the market capitalization growth of individual assets driven by spot ETFs (vertical uplift), and the other is the expansion of asset pools driven by RWA tokenization (horizontal expansion). Compliance is key for mainstream institutions to enter the market.In addition, he also predicted that the Web3.0 industry will welcome nine major trends in 2025, including crypto-friendly policies driven by the Trump administration, widespread adoption of Bitcoin as a reserve asset, expansion of the RWA market, Hong Kong leading the compliance wave, explosive growth of Web3 AI Agent applications, continuous growth of the Meme ecosystem, Layer1/Layer2 reshaping on-chain logic, simplification of development experience through chain abstraction, and the Bitcoin ecosystem moving towards a new era of programmability and staking economy.

Bitget has become the third mainstream exchange in the world to obtain both DASP and BSP licenses from El Salvador

ChainCatcher news, recently, the National Digital Assets Commission of El Salvador (CNAD) granted a Digital Asset Service Provider (DASP) license to Bitget. Following the acquisition of a Bitcoin Service Provider (BSP) license in 2024, Bitget has further expanded its compliance layout locally, becoming the third mainstream cryptocurrency exchange globally to obtain dual licenses, after Binance and Bitfinex.The acquisition of both DASP and BSP licenses means that Bitget can legally conduct spot and derivatives trading, staking, yield products, and other one-stop digital asset services in El Salvador. Additionally, the new license also covers infrastructure products such as crypto savings and investments, further enhancing user convenience and asset security in participating in Web3.Bitget's Chief Legal Officer Hon Ng stated, "We are always committed to expanding our business in countries with clear regulatory frameworks and providing quality services to our users. This recognition from CNAD is an important step in Bitget's global compliance strategy. El Salvador has a forward-looking and transparent approach to digital asset regulation, making it very attractive for Web3 companies focused on compliance. In the future, we will continue to support markets with clear regulatory systems and promote the robust development of the crypto economy."
ChainCatcher Building the Web3 world with innovators