Hong Kong Legislative Council member Wu Jiezhuang and South Korean legislators have launched the "Hong Kong-South Korea Web3 Policy Promotion Alliance".

Techub News reported, according to "Hong Kong 01", Hong Kong Legislative Council member Wu Jiezhuang recently co-initiated the "Hong Kong-Korea Web3 Policy Promotion Alliance" with South Korean National Assembly members. The alliance stated that both sides will focus on key areas such as digital asset regulation, stablecoin mechanisms, artificial intelligence development, and blockchain infrastructure interconnection between the two regions, aiming to establish unified regulatory standards.

Wu Jiezhuang also stated that this alliance is the first cross-regional non-governmental policy cooperation platform in Asia. It is reported that both parties plan to promote in-depth collaboration in the Web3 industry between Hong Kong and South Korea through regular exchanges and policy research, and provide a reference for the digital economy regulatory framework in the Asian region.