Binance CEO Changpeng "CZ" Zhao has commented on China's release of a white paper on Web 3.0 innovation and development, which comes just ahead of Hong Kong's launch of the crypto licensing regime on June 1.
Web3 is the next-generation internet that includes innovative technologies such as AI, blockchain, and cryptocurrency, and companies working on Web 3.0 will be the leaders of tomorrow.
The "Beijing Internet 3.0 White Paper on Innovation and Development (2023)" has been released by the Beijing Municipal Science and Technology Commission and the Zhongguancun Administrative Committee to actively support Web 3.0 developments and research and establish China's leadership in these innovative technologies.
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