Regulation· ★★★· bearish·

Jiangsu regulator warns against illegal financial schemes disguised as RWA

  • —The Jiangsu regulator called any RWA fundraising in China illegal financial activity
  • —The schemes are promoted under slogans of "real asset backing" and "guaranteed returns"
  • —Investors are advised to keep evidence and contact police
Why it matters: China is tightening its stance on real-world asset tokenization, which restricts RWA projects in Asia's largest market.
Source: PANews
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