China has introduced a regulatory framework for the tokenization of real-world assets (RWA), marking a significant step in the country's approach to integrating blockchain technology with traditional financial systems. This framework aims to provide clear guidelines for the issuance and management of tokenized assets, potentially boosting innovation and adoption in the sector. Meanwhile, Vietnam has proposed a 0.1% tax on cryptocurrency asset transactions. This move is part of the country's broader effort to regulate the rapidly growing digital asset market and ensure proper tax compliance. The proposed tax is expected to impact both individual and institutional investors, reflecting Vietnam's proactive stance in managing the crypto economy.