China’s Crypto Regulations Focus on Asset Tokenization

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.