LBank Labs, in collaboration with Korean National Assembly member Min Byoung-Dug and KBIPA, announced the "Global Blockchain Forum — Korea 2025" during KBW 2025 to foster Web3 innovation and address regulatory frameworks.

Executive Summary

LBank Labs, in partnership with Korean National Assembly member Min Byoung-Dug and the Korea Blockchain Industry Promotion Association (KBIPA), will host the "Global Blockchain Forum — Korea 2025" during Korea Blockchain Week (KBW) 2025. Scheduled for September 22, 2025, at the National Assembly Library Auditorium I in Seoul, the forum aims to foster innovation and advance the Web3 ecosystem by bringing together policymakers, industry leaders, and academic experts.

The Event in Detail

The Global Blockchain Forum — Korea 2025 is designed to facilitate in-depth discussions and cross-border collaboration on critical topics shaping the blockchain and Web3 sectors. Key discussion areas include cryptocurrency regulation and compliance, advancements in Layer 1 and Layer 2 architectures, the integration of Web2 companies into Web3, the 2026 crypto market outlook, the convergence of AI with on-chain intelligence, and the evolution of stablecoins. The forum's distinguished speakers include Min Byoung-Dug, Kim Hyeong-Joo (Chairman of KBIPA), Yat Siu (Co-Founder and Executive Chairman of Animoca Brands), Czhang Lin (Head of LBank Labs), Lee Sung Mi (CEO of CodeVASP), Jeremy Millar (Chairman of Theoriq Foundation), SangMin (SAM) Seo (Chairman of Kaia DLT Foundation), and Raullen Chai (CEO of IoTeX). Industry leaders from protocols such as Solana, Tether, Kaia, Berachain, Abstract, Manta Network, IoTeX, Aethir, and Layerzero are also slated to participate. The event has garnered support from 11 global media outlets, intending to build bridges for exchange and cross-regional cooperation within the blockchain and Web3 industries.

Financial and Regulatory Frameworks

The forum's focus on cryptocurrency regulation and compliance is a response to the evolving global landscape of digital asset oversight. Discussions will cover the implications of new policy frameworks, such as the U.S. GENIUS Act, enacted in July 2025, which mandates 100% reserve backing for stablecoins with fiat USD or short-duration Treasuries and imposes capital and liquidity requirements favoring bank-issued tokens. Similarly, Hong Kong's Stablecoins Ordinance, effective August 1, 2025, requires issuers to maintain HK$25 million in paid-up capital and fully segregate reserves, with the first licenses anticipated in early 2026. These regulatory developments are critical for institutional adoption, aiming to reduce counterparty risk and enhance investor trust by aligning stablecoin issuance with traditional banking standards. The stablecoin market is projected to reach $500 billion by year-end and $2 trillion by 2030, driven by increasing regulatory clarity and institutional demand for programmable liquidity.

Business Strategy and Industry Alignment

The strategic importance of the Global Blockchain Forum — Korea 2025 lies in its collaborative approach to shaping the future of Web3. By convening a diverse group of stakeholders, including policymakers, industry executives, and innovators, the forum aims to accelerate the practical application of blockchain and decentralized technologies. This strategy aligns with a broader industry effort to establish robust regulatory frameworks that foster innovation while ensuring investor protection and financial stability. The inclusion of topics like chain abstraction, which seeks to simplify the user experience of Web3 applications by hiding underlying technical complexities, indicates a focus on enhancing mainstream adoption and usability, akin to the evolution of Web2 user interfaces.

Broader Market Implications

The forum is poised to significantly influence future policy discussions regarding cryptocurrency regulation in Korea and globally. Its high-profile participation from government officials and major industry players is expected to boost confidence in the industry's future direction. The event's emphasis on fostering new partnerships and advancements across various Web3 sectors, particularly in areas like next-generation Layer 1 and Layer 2 solutions and the integration of AI with on-chain intelligence, suggests a proactive approach to addressing technological challenges and expanding market opportunities. The collaborative nature of the forum, coupled with the ongoing development of clearer regulatory pathways for digital assets, is anticipated to contribute to the maturation and broader acceptance of the Web3 ecosystem, potentially leading to increased corporate adoption and sustained investor interest, despite inherent market volatility.