China Classifies RWA Tokenization as Illegal Finance in Seven-Association Joint Warning

Seven leading Chinese financial industry associations released a joint risk warning on Friday, labeling real-world asset (RWA) tokenization as an illegal financial activity. The notice was jointly issued by the National Internet Finance Association of China, along with the Banking, Securities, Asset Management, Futures, Listed Companies, and Payment & Clearing associations. The document explicitly names […] Read The Full Article China Classifies RWA Tokenization as Illegal Finance in Seven-Association Joint Warning On Coin Edition.