China's Financial Associations Flag RWAs as 'Risky' Alongside Stablecoins
According to reports, financial associations in China have reclassified Real-World Assets (RWAs) as 'risky.' The policy change, reported by Wu Blockchain, lists RWA tokenization alongside stablecoins, 'air coins,' and crypto mining as activities that are not permitted within China. This development signals a potentially stricter regulatory stance toward the tokenization of real-world assets in the region. The classification could impact how Chinese investors and companies engage with the broader cryptocurrency and blockchain space.
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