Crypto founders optimistic about Beijing paper promoting Web3 despite no mention of cryptocurrency

Crypto founders, including Binance chief executive Zhao Changpeng, are talking up the Chinese government's support for Web3, tying a recent Beijing white paper to Hong Kong's efforts to become a crypto hub, as they face increasing regulatory scrutiny in other parts of the world. Zhao, Huobi adviser Justin Sun, and Animoca Brands co-founder and chairman Yat Siu all praised the report, titled "Beijing Internet 3.0: Innovation and Development White Paper", suggesting the moves in Beijing and Hong K