Crypto World News reports that Qiu Dagen stated that compared to the political uncertainty under U.S. regulation, Hong Kong's core advantage in Web3 policy lies in its continuity. Hong Kong's Web3 regulation emphasizes a gradual and steady approach, achieved through VASP licensing, stablecoin sandbox, and the Policy Statement 2.0 roadmap, highlighting regulatory clarity and inter-agency collaboration. Compared to the U.S. Genius Stablecoin Act, Hong Kong proposed classifications such as digital commodities and the initial safe harbor concept.

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