DefiLabs Participated in The 2nd Global Web 3 Summit, Bringing Innovative Crypto Asset Management to the world

·2 min read

SINGAPORE, SINGAPORE / ACCESSWIRE / March 29, 2023 / The 2nd Global Web 3 Summit was successfully held on March 26th to 28th at Hong Kong. DefiLabs, a prominent decentralized asset management staking platform participated in the 2nd Global Web 3 Summit. DefiLabs is committed to fostering open and effective communication with government entities and industry leaders, in order to understand their needs and work collaboratively to develop and implement new solutions.

DefiLabs, Wednesday, March 29, 2023, Press release picture
DefiLabs, Wednesday, March 29, 2023, Press release picture

The Global Web 3 Summit is a gathering of leading experts, government leaders, and innovators in the blockchain and cryptocurrency industries. Through in-depth exchanges with government leaders and relevant departments, we had a comprehensive and in-depth understanding of relevant Hong Kong government virtual asset policies and regulations.

Hong Kong's Financial Secretary Paul Chan Mo-po introduced the latest government policies supporting the development of the Web3 industry at the 2023 Web3 Forum. He stated that every generation of technological innovation has overturned many existing business models, and facing the increasingly mature decentralized Web3 technology, Hong Kong must actively embrace it and dare to become a leader in this wave of innovation. Currently, Hong Kong's virtual industry is in its infancy, and it is expected to introduce a virtual asset service provider licensing system in June this year, which will help improve the overall image of the industry and promote healthy development.

"Innovation and technology" is not a multiple-choice question for present-day Hong Kong, but a must-answer question. After missing the golden development period of Internet technology, Hong Kong is striving to catch up and develop Web3 industry innovations.

DefiLabs expressed its honor to have taken part in the event and expressed its commitment to maintaining open and effective communication with government agencies and industry leaders. Together, they aimed to comprehend their needs and collaboratively design and execute new solutions. This interactive event enabled DefiLabs to remain at the forefront of innovation, while also offering a significant avenue for sharing knowledge and fostering collaboration within the industry. Nevertheless, DefiLabs will further connect with more summits in the future in order to have more communication with the government worldwide.

For more information please visit at:

Media Contacts:

Name: Yurii Gromov

SOURCE: DefiLabs

View source version on