• PwC Hong Kong and Web3 Harbour release a strategic roadmap focused on funding, regulation, and talent to position Hong Kong as a Web3 financial hub.
  • The “Hong Kong Web3 Blueprint” targets growth in asset management, carbon markets, and open finance, supported by five key enablers.

Hong Kong is positioning itself as a Web3 global innovation leader by publishing the "Hong Kong Web3 Blueprint," a strategic blueprint developed by PwC Hong Kong and industry body Web3 Harbour.

The roadmap, which was launched on June 23, 2025, identifies five key enablers—funding, standards, market infrastructure, talent, and regulation—upon which would thrust the growth of blockchain infrastructure and establish Hong Kong as a hub for digital finance.

The plan emphasises the "transparency, security, and user empowerment" of decentralisation and focuses on constructing "five key enablers"—talent, market infrastructure, standards, legislation, finance, and economic contribution—to leverage what it calls "Web3 superpowers."

Participants are encouraged to focus on capital markets, asset management, open finance, trade finance, and carbon markets.

Gary Liu, the chairman of Web3 Harbour, emphasised the importance of private-public cooperation and described the plan as a roadmap for private sector initiatives to incorporate Web3 technologies into Hong Kong's financial system.

By the U.S. Senate's Genius Act and Hong Kong's impending stablecoin regulation, five action groups will begin addressing stablecoins, money, and other crucial areas in August.

"Hong Kong is primed to become the world’s premier Web3 financial hub. By addressing talent shortages, market infrastructure gaps, access to funding, and regulatory uncertainties, Hong Kong has an opportunity to lead digital finance and Web3 adoption worldwide," Liu stated.

Over 270 Web3 projects have already been drawn to Cyberport, the city's tech hub, thanks to Hong Kong's aggressive regulatory environment, which includes its stablecoin sandbox and Virtual Asset Service Provider licensing.

With big banks like HSBC and Standard Chartered incorporating digital assets, Hong Kong is attempting to lead Asia's Web3 scene by fusing blockchain innovation with traditional finance.

Edited by Annette George