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Asia Web3 Policy Landscape Reshaped, Justin Sun's GWDC Korea Speech: Collaboration and Balance Are the Rarest Competitive Advantages in the Next Phase
On March 23, in Hong Kong, China, the Web3 Policy Promotion Alliance Preparatory Committee officially announced its establishment, simultaneously launching the “2026 GWDC Global Developers Conference · Seoul (Korea)”. This online press conference was co-hosted by Web3Labs, HYPAI Labs, and GWDC, bringing together political and business leaders such as Hong Kong Legislative Council member Wu Jie-zhuang, South Korean National Assembly member Min Byung-deok, TRON founder Justin Sun, and Bithumb CEO Lee Jae-won. The event featured multilingual subtitles in Chinese, English, and Korean, and was live-streamed worldwide via YouTube and other platforms.
Justin Sun delivered a keynote speech titled “A New Era of Web3 in Asia: Improving Regulatory Frameworks, Empowering Infrastructure, and Deepening International Cooperation.” He systematically explained global regulatory trends, TRON’s infrastructure strategy and AI frontiers, and core proposals for promoting transnational policy collaboration in the Asia-Pacific region. His forward-looking vision and global influence as a leading figure in Asia’s Web3 industry drew significant industry attention.
Accelerating Global Regulatory Clarity, Web3 Innovation Enters a Historic Window
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 and enforcement” phase, showing unprecedented clarity and convergence. The U.S. has passed stablecoin legislation, established strategic Bitcoin reserves, and the SEC and CFTC’s new leadership generally adopt an open attitude toward the crypto industry; the EU’s MiCA regulations are entering full enforcement, focusing on stablecoins and custody services; Hong Kong has introduced a stablecoin regulatory framework and begun issuing licenses; Singapore and the UAE continue to be important hubs for crypto startups.
The improvement of the regulatory environment is unlocking significant market benefits. Sun cited data showing that over the past year, the stablecoin market size surged from $206 billion to over $320 billion, with explosive growth in tokenized assets, AI integration, and blockchain technology. He emphasized that regulatory certainty greatly reduces compliance costs, attracting large-scale participation from traditional financial institutions. The integration of traditional industries and Web3 is accelerating across the board.
However, Sun also warned that regulation’s impact on technological innovation is a double-edged sword. Excessive caution and conservative policies can stifle innovation, so regulation must seek a “balance.” Legislators and industry players need to establish effective communication channels. “If we only emphasize safety and neglect innovation, even Asia’s leading Web3 industries at this stage may lose their global competitiveness,” he said.
Notably, earlier this month, the U.S. Securities and Exchange Commission (SEC) filed a motion to dismiss all charges against Justin Sun, the Tron Foundation, and BitTorrent Foundation in 2023. This development follows the SEC’s previous withdrawals of lawsuits against major crypto firms like Binance, Coinbase, and Uniswap, marking an important milestone in the global compliance process of the crypto industry. Sun stated that he will continue to focus on accelerating innovation worldwide and deepen cooperation with regulatory agencies to promote healthy development of the crypto sector.
TRON: Global Practice of Mature Blockchain Infrastructure and New AI Initiatives
In his speech, Sun systematically introduced TRON’s latest progress in blockchain infrastructure and artificial intelligence.
Since its founding in 2017, TRON has been committed to fostering regional ecosystem maturity and practical applications. Currently, TRON’s network has over 370 million registered accounts, with daily on-chain transfer volumes between $20 billion and $30 billion, making it one of the largest stablecoin circulation public chains globally. USDT transactions on TRON have long ranked among the top worldwide, providing low-cost, high-efficiency infrastructure for cross-border payments, DeFi, and daily financial activities for users in Asia-Pacific and around the globe.
In terms of infrastructure capabilities, TRON is known for high throughput, ultra-low transaction fees, and 24/7 global settlement capacity, making it the preferred public chain platform for developers and enterprises in Asia-Pacific. In recent years, TRON has continued to expand into AI and blockchain integration, launching innovative products like AINFT; simultaneously, through TRON DAO, it supports developer conferences, ecosystem funds, and stablecoin integration projects, helping Web3 projects in Korea, Hong Kong, Singapore, and other regions to quickly land and bring tangible benefits to ordinary users and small businesses.
Regarding AI strategic layout, Sun announced that TRON has officially joined the Agentic AI (Agentic Artificial Intelligence) board, hosted by the world’s largest open-source technology alliance, the Linux Foundation, as a Gold Member. TRON now shares a seat alongside giants like OpenAI, Anthropic, Circle, and JPMorgan Chase. Sun stated, “The next wave of digital payments will be machine-driven. We are ready to embrace it.”
International Cooperation: Key to Achieving “Balanced and Secure Regulation”
In the third part of his speech, Sun emphasized the strategic importance of cross-border policy collaboration in building a healthy Web3 ecosystem and expressed high recognition and full support for the Hong Kong-Korea Web3 Policy Promotion Alliance.
He pointed out that Web3 is inherently borderless, and a single country’s regulatory framework can lead to “regulatory arbitrage” or ecosystem fragmentation. Only through cross-regional cooperation mechanisms like this alliance can legislators share best practices, coordinate standards for stablecoins and custody, and listen to industry voices to ensure regulations effectively prevent risks, protect users, and avoid stifling innovation.
He believes that Hong Kong’s pragmatic regulatory framework and Korea’s open attitude toward Web3 exemplify regional cooperation in Asia-Pacific, and their collaboration will serve as an important reference for global Web3 regulation.
Sun also highlighted TRON’s achievements in security and compliance. Since 2024, TRON has partnered to establish the T3 Financial Crime Fighting Task Force, which has successfully frozen over $300 million involved in financial crimes across five continents in the past two years. This experience has strengthened international cooperation among security agencies and set a successful example for industry safety and compliance collaboration.
Sun concluded, “The future of Web3 belongs to those who dare to collaborate and seek balance. The establishment of this alliance marks the beginning of that vision. TRON and I will continue to contribute, working together to advance a safer, more transparent, and more prosperous Web3 ecosystem across Asia-Pacific and globally.”