The Legislative Council's Subcommittee on Web3 and Virtual Asset Development visited the Consensus Hong Kong conference today (February 20, 2025) at the Hong Kong Convention and Exhibition Centre in Wan Chai. This marks the first time this major international conference in cryptocurrencies, blockchain, and Web3 technologies is being held in Hong Kong.
Insights Into the Premier Web3 Event
During the visit, Subcommittee members:
- Received briefings from Consensus Hong Kong organizers about key exhibition highlights
- Learned why Hong Kong was selected as the host city for this global event
- Explored innovative blockchain solutions showcased at startup competitions
The Consensus Hong Kong conference brings together:
✔ Global leaders in cryptocurrency and blockchain
✔ Web3 innovators and fintech pioneers
✔ Investors and promising startups
Through keynote speeches, summits, and networking sessions, participants discuss critical topics including:
- Virtual asset management
- Open monetary systems
- AI integration in Web3 ecosystems
Strengthening Hong Kong's Web3 Leadership
Legislators engaged in productive discussions with conference representatives about:
- Fostering Web3 ecosystem growth
- Developing cryptocurrency economic opportunities
- Expanding international business connections
👉 Discover how Hong Kong is becoming Asia's Web3 hub
Subcommittee Chairman Kenneth Wu noted: "This successful event demonstrates global confidence in Hong Kong's Web3 development capabilities while creating valuable networking opportunities for local industry players."
Key Participants
- Hon. Kenneth Wu (Subcommittee Chair)
- Hon. Ma Fung-kwok
- Hon. Kan Wai-man
Frequently Asked Questions
Q: Why is Consensus Hong Kong significant for the region?
A: As the conference's first Hong Kong edition, it positions the city as a growing Web3 and blockchain innovation center while facilitating international partnerships.
Q: What were the main focus areas of discussion?
A: Primary discussions centered on virtual asset regulation, decentralized finance applications, and strategies to support Web3 startups.
Q: How does this benefit Hong Kong's tech sector?
A: The event provides local businesses with global exposure, potential investment opportunities, and access to cutting-edge Web3 developments.
The Legislative Council delegation's participation underscores Hong Kong's commitment to becoming a leading hub for Web3 and virtual asset innovation while maintaining robust regulatory standards.