China's latest regulatory document on crypto assets highlights the importance of real-world asset tokenization (RWA) as a key focus. The document suggests that the primary concern is financial risk prevention, particularly targeting a specific group. It calls for a coordinated mechanism among the prosecution, courts, cyberspace administration, and financial institutions. This coordination aims to ensure consistency in handling cases and projects related to crypto assets and blockchain technology.
China's New Crypto Regulations Emphasize Real-World Asset Tokenization
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