On March 23, the Hong Kong-Korea Web3 Policy Promotion Alliance Preparatory Committee was officially established, simultaneously launching the "2026 GWDC Global Developers Conference · Seoul Station (Korea Station)". This online event was jointly hosted by Web3Labs, HYPAI Labs, and GWDC, bringing together political and business leaders including Hong Kong Legislative Council member Wu Jiezhuang, South Korean National Assembly member Byung-deok Min, TRON founder Justin Sun, and Bithumb CEO Lee Jae-won. The event supported trilingual subtitles in Chinese, English, and Korean, and was broadcast globally via platforms like YouTube.
Justin Sun delivered a keynote speech titled "Asia's New Era of Web3: Perfecting the Regulatory System, Empowering Infrastructure, and Deepening International Collaboration". In his speech, he systematically elaborated on global regulatory trends, TRON's infrastructure strategy and AI frontier layout, as well as core propositions for promoting cross-border policy collaboration in the Asia-Pacific, demonstrating his forward-looking vision and global influence as a leading figure in Asia's Web3 industry, which has attracted high attention from the industry.
Global Regulatory Clarity Accelerates, Web3 Innovation Welcomes a Historic Window of Opportunity
In his speech, Sun pointed out that over the past year, global Web3 regulation has rapidly shifted from an "exploratory design" phase to an "implementation and landing" phase, showing an unprecedented trend towards clarity and convergence. The United States has successively passed a stablecoin bill and established a strategic Bitcoin reserve, with the new leadership of the SEC and CFTC generally holding an open attitude towards the crypto industry; the EU's MiCA regulation has entered a full enforcement phase, focusing on regulating stablecoins and custody businesses; Hong Kong, China has launched a stablecoin regulatory framework and entered the first batch of licensing issuance; Singapore and the UAE continue to be important hubs for crypto startup projects.
The improvement in the regulatory environment is releasing significant market dividends. Sun cited data showing that the stablecoin market size has surged from $206 billion to over $320 billion in the past year, and directions such as tokenized assets and the integration of AI and blockchain technology have also experienced explosive growth. He emphasized that regulatory certainty significantly reduces compliance costs, attracting large-scale entry from traditional financial institutions, and the integration between traditional industries and the Web3 industry is accelerating comprehensively.
However, Sun also cautioned that the impact of regulation on technological innovation is dual. Overly cautious and conservative regulatory policies can also stifle innovation, so regulation must seek "balance," and it is necessary to establish a benign interaction and communication channel between legislators and the industry. "If we only emphasize safety and ignore the momentum of innovation, I'm afraid the currently leading Asian Web3 industry will also lose its global competitiveness," he said.
It is worth noting that just earlier this month, the U.S. Securities and Exchange Commission (SEC) has asked the court to dismiss all charges it made in 2023 against Justin Sun personally, the TRON Foundation, and the BitTorrent Foundation. This development, following the SEC's previous dismissals of lawsuits against well-known crypto institutions such as Binance, Coinbase, and Uniswap, has again become an important milestone in the global crypto industry's compliance process. Sun stated that he will continue to focus on accelerating innovation globally, deepening cooperation with regulatory agencies in various countries, and contributing to the healthy development of the cryptocurrency industry.
TRON: Global Practice of Mature Blockchain Infrastructure and New AI Layout
In his speech, Sun systematically introduced the latest progress of TRON in blockchain infrastructure construction and the field of artificial intelligence.
Since its establishment in 2017, TRON has always been committed to promoting the maturity of the regional ecosystem and the actual application landing. Currently, the TRON network has over 370 million registered accounts, with a daily on-chain transfer volume between $20 billion and $30 billion, making it one of the public chains with the largest stablecoin circulation volume globally. The transaction share of USDT on TRON has long been among the top globally, providing low-cost, high-efficiency underlying support for cross-border payments, DeFi, and daily financial activities for users in the Asia-Pacific and globally.
In terms of infrastructure capabilities, TRON is known for its high throughput, ultra-low transaction fees, and 7×24 global settlement capability, and has become the preferred public chain platform for developers and enterprises in the Asia-Pacific region. In recent years, TRON has continued to increase its investment in the integration of AI and blockchain, launching innovative products such as AINFT; at the same time, through TRON DAO, it continues to support developer conferences, ecological funds, and stablecoin integration projects, helping Web3 projects in South Korea, Hong Kong China, Singapore, and other places to land quickly, and practically promoting ordinary users and small and medium-sized enterprises to enjoy the inclusive benefits of Web3.
Regarding the AI strategic layout, Sun announced that TRON has officially joined the Agentic AI Council hosted by the Linux Foundation, the world's largest open-source technology consortium, as a Gold Member, sitting on the council of this core international organization alongside global technology and financial giants such as OpenAI, Anthropic, Circle, and JPMorgan Chase. Sun commented on this: "The next wave of digital payments will be driven by machines. We are ready for it."
Cross-Border Collaboration is Key to Achieving "Balanced and Safe Regulation"
In the third part of his speech, Sun emphasized the strategic significance of cross-border policy collaboration for building a healthy Web3 ecosystem and expressed high recognition and full support for the establishment of the Hong Kong-Korea Web3 Policy Promotion Alliance.
He pointed out that Web3 is inherently borderless, and the regulatory framework of a single country can easily lead to "regulatory arbitrage" or ecosystem fragmentation risks. Only through cross-regional collaboration mechanisms like this alliance can legislators share best regulatory practices, coordinate stablecoin and custody standards, while fully listening to the voices from the industry front lines, ensuring that regulatory policies can effectively prevent risks, protect user rights, and not stifle innovation vitality.
He believes that Hong Kong, China's pragmatic regulatory framework and South Korea's open attitude towards Web3 are exemplary models of Asia-Pacific regional cooperation, and the synergy between the two will provide an important reference sample for global Web3 regulation.
Sun also specifically introduced TRON's practical achievements in the field of security and compliance. Since 2024, TRON and its partners have jointly established the T3 Task Force to combat financial crime. In nearly two years, it has successfully frozen over $300 million in funds involved in financial crimes across five continents globally, accumulating rich experience in enhancing collaboration with international security agencies and jointly addressing blockchain financial security threats, setting a successful example for industry security and compliance collaboration.
Sun concluded: "The future of Web3 belongs to those pioneers who dare to collaborate and courageously seek balance. The establishment of the alliance today is the starting point of this vision. I and TRON will, as always, contribute our strength, working hand in hand with everyone to promote the Web3 ecosystem in Asia-Pacific and globally towards a new era that is safer, more transparent, and more prosperous."
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