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Beijing Publishes Web3 White Paper, Aims to Lead Digital Economy Innovation

As reported in local publications, the Beijing Municipal Science and Technology Commission has published its own Web3 White Paper on Innovation and Development.

Beijing aims to become an international innovation center for the digital economy. The document describes Web3 as “an integral trend of the future development of the Internet industry”.

In addition, it emphasizes Beijing’s desire to strengthen political support and accelerate technological breakthroughs for the development of the Web3 industry.

In addition, it emphasizes Beijing’s desire to strengthen political support and accelerate technological breakthroughs for the development of the Web3 industry.

Chaoyang District plans to invest at least 100 million yuan (more than $14 million) annually in the initiative until 2025.

The Zhongguancun Science and Technology Center, known as “China’s Silicon Valley,” said.

The Hong Kong Securities and Futures Commission (SFC) is going to officially allow retail investors to trade in cryptocurrencies starting this June.

Thanks to the development of the industry, the authorities of Hong Kong plan to return the region the status of a financial and cryptocurrency center of Asia;

Changpeng Zhao, head of the cryptocurrency exchange Binance, recently said that after China’s Central Television CCTV broadcast a story about cryptocurrency, “all of China is literally buzzing.

Now he noted the “interesting timing” of the news against the backdrop of upcoming events in Hong Kong.

Earlier, the Hong Kong Cybersecurity and Technology Crimes Bureau (CSTCB) launched the CyberDefender Metaverse platform to inform the public about the dangers of the Web3 industry and metacons.