Hong Kong has officially launched a real-world asset (RWA) registration platform, signaling its commitment to fostering Web3 innovation. The Hong Kong Web3 Standardization Association will manage the platform, aiming to streamline RWA tokenization, datafication, and financialization processes. This initiative is designed to create a robust ecosystem for digital assets. The association simultaneously released key Web3 standards, encompassing guidelines for RWA tokenization projects, technical specifications for tokenization, and protocols for blockchain-based stablecoin cross-border payments. These standards aim to provide clarity and promote interoperability within the Web3 space. The RWA platform and associated standards are expected to attract significant investment and drive further development of blockchain technology in Hong Kong. This proactive approach positions Hong Kong as a leading hub for Web3 and digital asset innovation in the region. ```

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