China Reclassifies RWAs as Risky Business, Crackdown Looms
Update: 2026-01-05
Description
Chinas financial associations reclassify real-world asset tokenization (RWAs) as risky business, grouping it with stablecoins, air coins, and crypto mining. No RWA projects have regulatory approval, and engaging in RWAs could lead to a crackdown under Chinese law. This move aligns with Chinas long-standing caution on crypto ties to traditional finance, while the US pushes for federal stablecoin regulation. Checkout Solipillow.com
DNN | The Daily News Now!
The world’s first global local news network.
Every city. Every story. AI powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
