Course Overview: FinTech and Web3 Legal Policies & Regulation
Prof. Zhao Binghao, Dean of the FinTech Legal Research Institute at China University of Political Science and Law and internationally recognized expert in commercial law and digital finance, has launched an innovative elective course titled "Legal Policies and Regulation of FinTech and Web3." This program equips students with:
- Comprehensive understanding of evolving legal frameworks for blockchain and decentralized technologies
- Practical analysis of regulatory challenges in cryptocurrency ecosystems
- Comparative study of Hong Kong and mainland China's regulatory approaches
👉 Discover how Web3 regulations are shaping global finance
Key Lecture Highlights: Crypto Regulatory Pathways
1. Hong Kong's Progressive Virtual Asset Framework
Prof. Zhao's April 8, 2024 lecture "China's Cryptocurrency Regulatory Path: Divergent Roads Leading to Same Destination" examined:
- Stablecoin oversight models and asset tokenization progress
- Development of digital Hong Kong dollar (e-HKD)
- Innovative financial products including BTC/ETH spot ETFs
- Balanced approach fostering innovation while ensuring market integrity
2. Mainland China's Evolving Regulatory Landscape
The course provided:
- Historical analysis of virtual asset policies
- Current mining bans and trading restrictions
- Emerging focus on blockchain infrastructure rather than speculative assets
- Future convergence potential with Hong Kong's frameworks
Industry Expert Contributions
Web3 Development Phases by Guest Lecturer Kong Jianping
The Nano Labs founder and HK Cyberport director presented:
- Four evolutionary stages of Web3 adoption
- Six key application areas with commercial potential
- Three fundamental laws governing decentralized systems
- Case studies demonstrating real-world implementation challenges
👉 Explore the future of decentralized finance
Programmable Payments in Action
Returning guest Meng Yan (Solv Protocol Co-founder) showcased:
- Australia's CBDC pilot for digital invoicing
- Singapore-Ghana DESFT project demonstrating cross-border solutions
- Technical implementation of triple-flow coordination (goods-money-data)
- How smart contract-based oversight enables regulatory compliance
Course Value Proposition
Interdisciplinary Learning Platform
- Blends legal theory with FinTech practice
- Examines 20+ cutting-edge applications
- Provides regulatory risk assessment tools
- Features 30+ industry case analyses
Institutional Impact
As a leading FinTech policy think tank, the University's Research Institute:
- Advises government agencies on digital asset policies
- Conducts comparative law studies across jurisdictions
- Hosts annual FinTech legal forums
- Publishes quarterly regulatory trend reports
FAQ: Cryptocurrency Regulatory Dynamics
Q1: How does Hong Kong's approach differ from mainland China's?
Hong Kong operates under "one country, two systems" with separate financial regulations allowing regulated crypto trading, while mainland China maintains stricter prohibitions on speculative activities while supporting blockchain infrastructure development.
Q2: What are the key benefits of programmable payments?
They enable automated compliance, reduce settlement risks, and create auditable transaction trails - crucial for institutional adoption of blockchain technologies.
Q3: Will mainland China ever legalize cryptocurrency trading?
Current policies focus on enterprise blockchain applications rather than retail trading, though future developments may incorporate aspects of Hong Kong's regulatory experience through controlled pilot programs.
Q4: How does this course prepare students for FinTech careers?
By combining technical literacy with regulatory expertise, graduates gain unique qualifications for roles in compliance engineering, policy analysis, and corporate blockchain advisory.