Hong Kong Legislative Council Members Propose Establishment of Web3.0 Industry Committee

Chen Zhongni, a member of the Legislative Council of the Democratic Alliance for the Betterment and Progress of Hong Kong, suggested that the SAR government strengthen the construction of Web3.0 infrastructure, improve the compliance supervision framework in the Web3.0 encrypted digital field, establish a Web3.0 industry committee, formulate industry norms and standards, and strengthen the training of practitioners. Chen Zhongni said that Hong Kong should take the lead in the field of Web 3.0 and conduct risk monitoring and early warning of the Web 3.0 market through technical means such as big data and artificial intelligence.