Seven Chinese Financial Associations Declare RWA Tokenization Illegal

Seven Chinese Financial Associations Declare RWA Tokenization Illegal

China bans RWA tokenization, declaring it illegal alongside stablecoins and crypto mining through joint financial association notice.

China Extends Sweeping Ban on Real-World Asset Tokenization

China has rolled out its most comprehensive regulatory crackdown to date on real-world asset tokenization, formally labeling the activity as illicit and high risk. The scope of the action applies to all RWA-related projects with any form of connection to China, including overseas and offshore initiatives. Observers expect the move to significantly restrict crypto- and Bitcoin-linked RWA ventures and effectively signal the end of any remaining We…

China Financial Associations Consider RWA Tokenization as Risky

Key Insights China’s financial industry stakeholders say RWA is risky and illegal. Scammers using RWA and virtual assets for fraudulent activities are likely a reason behind the opposition. China continue to push its digital yuan agenda and recently completed its first international retail use in Laos Seven financial industry associations in China have issued a joint document warning about the risks associated with cryptocurrencies. The documen…

China bans real-world asset tokenization, classifying it as illegal finance

RWA projects are treated as illegal fundraising, securities, or futures activities under existing law. Hong Kong-linked and offshore structures with mainland staff are explicitly targeted. Liability extends to the full Web3 service chain, not just token issuers. China has delivered one of its clearest signals yet on digital finance, formally classifying real-world asset tokenization as an illegal financial activity. A coordinated notice from sev…

Bitcoin RWA tokenization faces sweeping China ban

China labels RWA tokenization illegal, targeting onshore and Hong Kong Web3 service chains. Seven major Chinese financial industry associations jointly declared real-world asset (RWA) tokenization an illegal financial activity, according to a local report in China. The China Internet Finance…