On December 16, the Bitcoin Asia 2025 press conference successfully took place in Causeway Bay, Hong Kong. This press conference was jointly hosted by Web3Labs and The Bitcoin Conference, the world's largest Bitcoin conference company, announcing that the Bitcoin Asia 2025 Hong Kong Bitcoin Conference will be grandly held in August next year.
This press conference was honored to invite Dr. Wu Jiezhuang, a member of the National Committee of the Chinese People's Political Consultative Conference and Chairman of the Web3 Virtual Asset Development Working Group; Mr. David Bailey, CEO of BTC Inc; Mr. John Riggins, partner at BTC Inc.; Mr. Leung Hon-King, Global President of Financial Services and Technology, Sustainable Development Promotion Agency; Mr. Kong Jianping, Director of Hong Kong Cyberport Management Company; and Mr. Huang Junlang, CEO of Web3Labs. The six guests jointly launched Bitcoin Asia 2025 at the press conference, with Web3Labs participating as a strategic partner in-depth in next August's grand event.
At the press conference, Mr. David Bailey pointed out that the price of Bitcoin breaking through $100,000 is an important milestone, marking the beginning of Bitcoin's mainstream era. Despite the turbulence Bitcoin has experienced, many pioneering companies have emerged in China, and Hong Kong's position as a crossroads between East and West is particularly significant. He hopes for cooperation between China and the United States, aiming to establish a new financial currency system in the future. Dr. Wu Jiezhuang also stated that this grand event, following its success in the United States and the Middle East, is of great significance to be held in Hong Kong, an international financial center. He also hopes to initiate a high-level dialogue on cryptocurrency assets between the United States and Hong Kong at the Bitcoin Conference in Las Vegas next May. Furthermore, Dr. Wu pointed out that the Legislative Council meeting on December 18 will conduct the first reading of the (stablecoin regulation draft) and hopes to promote the development of the Web3 industry, which is a groundbreaking event globally. The Legislative Council will also adjust over-the-counter trading services for virtual assets and propose a licensing system for virtual asset custody services. In addition, it will promote the establishment of DAOs in Hong Kong to attract businesses to settle here.
Bitcoin Asia, as The Bitcoin Conference's flagship event in the Asia region, has successfully sparked a wave of discussion in the crypto industry since its debut in Hong Kong last May with its rich topics, cutting-edge viewpoints, and extensive participation. Bitcoin Asia 2025 will be held at the Hong Kong Convention and Exhibition Centre on August 28-29, 2025, further consolidating Hong Kong's leading position in the global fintech field, becoming an important platform for showcasing global fintech innovations and international exchange and cooperation, injecting new vitality into the development of the global Bitcoin ecosystem. Web3Labs will also be deeply involved in this grand event, continuing to position Hong Kong as a starting point for building a global Web3 ecosystem.