X @Wu Blockchain

China's RWA Regulatory Framework Officially Released: Interpretations and OutlookOn Feb. 6, 2026, the PBOC and seven agencies issued Yin Fa [2026] No. 42 on virtual currency risks, while the CSRC released rules on offshore issuance of asset-backed tokenized securities backed by onshore assets. RWA is defined as tokenizing asset rights via cryptography and DLT. Onshore RWA is generally banned unless approved; offshore RWA requires strict compliance, CSRC filing, and disclosure. Stablecoins are seen as having ...