China Declares RWA Activities Illegal in Joint Financial Risk Warning

TLDR China has formally classified all real-world asset (RWA) tokenization as illegal under current financial laws. Authorities confirmed that no RWA-related activities have been approved by any Chinese financial regulator. The joint risk warning applies liability to both domestic actors and staff of offshore RWA service providers. RWA is equated with illegal fundraising, unauthorized securities [...]

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