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RWA Regulation

Jiangsu Securities Bureau Warns Against Illegal RWA Fundraising

China’s Jiangsu Securities Regulatory Bureau issued a risk alert urging investors to beware of illegal financial activities conducted under the banner of RWA. The regulator said some institutions and individuals hype the RWA concept, luring the public with claims of “real-asset backing, guaranteed high returns and low-risk steady gains,” and stated that any RWA-named fundraising conducted within China is illegal financial activity.

Original source

AI take

The alert targets the marketing language around RWA rather than the technology itself, signalling that Chinese regulators treat tokenized real-world assets as a fundraising-label problem first. It matters most for promoters and platforms serving mainland retail audiences, since the bureau frames any RWA-named fundraising inside China as illegal activity outright. The open question is whether this stays a provincial investor warning or becomes a template other regional bureaus copy, and whether legitimate cross-border RWA work gets caught in the same language.

Generated by AI for reference only.

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