PANews reported on October 23rd that, according to a live report from the "Global Vision of the Digital Economy" roundtable discussion at the 2025 Shanghai International Blockchain Week, Shan Fu, director of the Hainan JunGu Digital Science Research Institute, stated that the development of digital assets and the crypto-economy faces a similar "short-term vs. long-term" trade-off in legislation and regulation. Short-term regulation helps maintain order and curb chaos, while in the long term, policies should focus on promoting the sustained and healthy growth of the digital economy.
Shan Fu noted that Singapore and Hong Kong tend to prioritize long-term value in their regulation, building sustainable ecosystems by attracting compliant institutions and high-quality companies. He emphasized that shared human values should guide regulation, focusing on preventing fraud and misrepresentation, while supporting projects that promote the development of the real economy and innovative industries. Regarding the recent cooling of the craze for stablecoins and RWAs (real-world assets), he viewed this as a "necessary adjustment for long-term healthy development," adding that the digital economy will ultimately become a key driver of global economic growth.