At the “Crypto Finance Forum” in Hong Kong, Shen Haojie emphasized the importance of legal frameworks in the development of the Real-World Assets (RWA) industry. Speaking from a legal and compliance perspective, Shen highlighted that the core of Web4.0 involves not just technological advancements but also the reconstruction of institutional and regulatory frameworks. He stressed that compliance should be seen as a prerequisite for digital financial innovation rather than an obstacle.
Shen pointed out that Hong Kong’s mature common law system offers a unique “certainty” that is crucial for digital asset development, attracting global capital and top-tier institutions. He advocated for the integration of legal frameworks with technical design from the early stages of projects to ensure sustainable innovation. Shen also expressed confidence in Hong Kong’s potential to become a global standard-setter for the RWA industry, urging the industry to foster a healthy interaction between regulation and innovation for a stable digital finance future.
