Hong Kong Prepares for Crypto Regulations, Focus on Metaverse in Beijing's 'Internet 3.0' White Paper
The Beijing's 'Internet 3.0' white paper, published days ahead of new crypto regulations taking effect in Hong Kong, focuses more on the metaverse than blockchain.
Binance's Changpeng Zhao, Huobi's Justin Sun, and Animoca's Yat Siu are optimistic about the paper's promising signs for the future of the internet.
The paper does not mention cryptocurrency specifically, but it does discuss the potential of decentralized systems.