Two years ago, China banned crypto outright, leaving Web 3.0 companies blocking signups from Chinese users and fleeing the Middle Kingdom. Now, Beijing may be responsible for quietly making Web 3.0 all but inevitable. It was easy news to miss if you don’t speak Chinese or follow blockchain news – but on June 2, 2023, officials speaking at an industry forum released the ‘Beijing Internet 3.0 Innovation Development White Paper.’