Paving the way for innovation, Beijing's Web 3 vision indicates a softening stance. The news comes amid Hong Kong's opening of retail crypto trading from June 1.
Coinciding with the new digital asset regulations of Hong Kong, the paper's release is seen as a significant step forward in China's stance towards the crypto industry
Beijing’s municipal government has unveiled a white paper to foster innovation and advance the Web3 industry. The “Web3 Innovation and Development White…