The reshaping of the Asian Web3 policy landscape, Sun Yuchen's speech at GWDC Korea: Collaboration and balance are the most scarce competitive advantages in the next stage

On March 23, Hong Kong, China - The Preparatory Committee of the Hong Kong-Korea Web3 Policy Promotion Alliance officially announced its establishment and simultaneously launched the "2026 GWDC Global Developer Conference · Seoul Station (Korea Station)." This online press conference was co-hosted by Web3Labs, HYPAI Labs, and GWDC, gathering political and business leaders such as Hong Kong Legislative Council member Wu Jietzhuang, South Korean National Assembly member Min Byung-deok, TRON founder Justin Sun, and Bithumb CEO Lee Jae-won. The event supported Chinese, English, and Korean subtitles and was broadcast live globally through platforms like YouTube.

Justin Sun delivered a keynote speech titled "A New Era of Web3 in Asia: Improving Regulatory Systems, Empowering Infrastructure, and Deepening International Cooperation." In his speech, he systematically elaborated on global regulatory trends, TRON's infrastructure strategy, and cutting-edge AI layouts, as well as core propositions for promoting multinational policy collaboration in the Asia-Pacific region, showcasing his forward-looking vision and global influence as a leader in the Asian Web3 industry, attracting significant attention from the industry.

Acceleration of Global Regulatory Clarity, Web3 Innovation Welcomes a Historic Window of Opportunity

In his speech, Justin Sun pointed out that over the past year, global Web3 regulation has rapidly shifted from the "exploratory design" phase to the "implementation" phase, showing unprecedented clarity and convergence. The United States has successively passed stablecoin legislation and established strategic Bitcoin reserves, 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 comprehensive enforcement phase, focusing on regulating stablecoins and custody services; Hong Kong 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 startups.

The improvement of the regulatory environment is releasing significant market dividends. Justin Sun cited data indicating that over the past year, the stablecoin market size has surged from $206 billion to over $320 billion, with tokenized assets, AI, and blockchain technology integration also experiencing explosive growth. He emphasized that regulatory certainty has greatly reduced compliance costs, attracting traditional financial institutions to enter the market on a large scale, and the integration of traditional industries with the Web3 industry is accelerating comprehensively.

However, Justin Sun also reminded that the impact of regulation on technological innovation is dual-edged. Overly cautious and conservative regulatory policies can also stifle innovation, so regulation must seek "balance," and there is a need to establish healthy interaction and communication channels between legislators and the industry. "If we only emphasize safety while neglecting innovative momentum, the currently leading Asian Web3 industry may also lose its global competitiveness," he said.

Notably, just earlier this month, the U.S. Securities and Exchange Commission filed a motion to dismiss all charges against Justin Sun, the TRON Foundation, and the BitTorrent Foundation made in 2023. This development, following the SEC's previous dismissals of lawsuits against well-known crypto entities such as Binance, Coinbase, and Uniswap, marks another important milestone in the global crypto industry's compliance process. Justin Sun stated that he will continue to focus on accelerating innovation globally and deepening cooperation with regulatory agencies in various countries to contribute to the healthy development of the cryptocurrency industry.

TRON: Global Practice of Mature Blockchain Infrastructure and New AI Layout

In his speech, Justin 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 been committed to promoting regional ecological maturity and practical application. Currently, the TRON network has over 370 million registered accounts, with daily on-chain transaction volumes ranging between $20 billion and $30 billion, making it one of the public chains with the largest circulation of stablecoins globally. The trading volume of USDT on TRON has long ranked among the top globally, providing low-cost and high-efficiency underlying support for cross-border payments, DeFi, and daily financial activities for users in the Asia-Pacific region and worldwide.

In terms of infrastructure capabilities, TRON is known for its high throughput, ultra-low transaction fees, and 24/7 global settlement capabilities, making it the preferred public chain platform for developers and enterprises in the Asia-Pacific region. In recent years, TRON has continued to invest in the integration of AI and blockchain, launching innovative products such as AINFT; at the same time, it continues to support developer conferences, ecological funds, and stablecoin integration projects through TRON DAO, helping Web3 projects in Korea, Hong Kong, Singapore, and other regions to land quickly, effectively promoting ordinary users and small and medium-sized enterprises to enjoy the inclusive dividends of Web3.

Regarding AI strategic layout, Justin Sun announced that TRON has officially joined the Agentic AI Council as a Gold Member, hosted by the Linux Foundation, the world's largest open-source technology consortium, alongside global tech and financial giants such as OpenAI, Anthropic, Circle, and JPMorgan. Justin Sun stated, "The next wave of digital payment will be driven by machines. We are ready to embrace it."

Cross-National Cooperation is Key to Achieving "Balanced and Secure Regulation"

In the third part of his speech, Justin Sun emphasized the strategic significance of cross-national policy cooperation in 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 inherently possesses a borderless attribute, and a single country's regulatory framework can easily lead to "regulatory arbitrage" or ecological fragmentation risks. Only through cross-regional cooperation mechanisms like this alliance can legislators share best regulatory practices, coordinate stablecoin and custody standards, and fully listen to voices from the industry frontlines, ensuring that regulatory policies can effectively prevent risks, genuinely protect user rights, and not stifle innovative vitality.

He believes that Hong Kong's pragmatic regulatory framework and Korea's open attitude towards Web3 are exemplary of regional cooperation in the Asia-Pacific, and the collaboration between the two places will provide important reference samples for global Web3 regulation.

Justin Sun also specifically introduced TRON's practical achievements in the field of security compliance. Starting in 2024, TRON, together with its partners, established the T3 Financial Crime Task Force, successfully freezing over $300 million related to financial crimes across five continents in nearly two years, accumulating rich experience in enhancing international security agency cooperation and jointly addressing blockchain financial security threats, setting a successful example for industry security compliance cooperation.

In conclusion, Justin Sun stated, "The future of Web3 belongs to those pioneers who dare to collaborate and balance. The establishment of this alliance today is the starting point of this vision. TRON and I will continue to contribute our efforts and work hand in hand with everyone to promote the Asia-Pacific and even global Web3 ecosystem towards a safer, more transparent, and more prosperous new era."