China Separates RWA Tokens from Cryptocurrencies

China’s recent policy document, known as Document 42, has officially separated Real World Asset (RWA) tokens from cryptocurrencies, indicating a distinct regulatory approach for each. This move is seen as a positive development for RWA assets, although it is not without its challenges. The policy provides a more open framework for RWA, which has been evolving over the past decade, but it remains uncertain whether this openness aligns with user and market needs.