Consensus Hong Kong Conference Set for February 2025

According to CoinDesk, the Hong Kong Convention and Exhibition Centre will host Consensus Hong Kong in February 2025. Foster Wright, president of CoinDesk, highlighted Asia's role as a global powerhouse for Web3, with millions of crypto users, blockchain developers, and innovative governments. Hong Kong has strategically positioned itself as a pivotal digital assets hub in the region, and Consensus serves as a global event that brings together the cryptocurrency, blockchain, and Web3 community. Hong Kong has been praised for its legal clarity regarding digital assets, although it lags behind some jurisdictions on rules for stablecoins. However, officials say change is coming. King Leung, Head of Financial Services and FinTech of InvestHK, stated that Hong Kong is on an exciting journey of Web3 evolution, embracing frontier technologies such as real-world assets tokenization. The arrival of Consensus is a testament to Hong Kong's world-class aspiration and development in the Web3 sector, attracting entrepreneurs, talent, and investment. Hong Kong has been eager to attract more international events and exhibitions, as neighboring regions work to attract tourists and business travelers. The Consensus conference in North America is celebrating its tenth anniversary this year, returning for a third consecutive time to Austin, Texas on May 29-31. CoinDesk will continue to host Consensus in North America in future years.