News
Significance:
7/10

China Securities Regulatory Commission urges brokerages to pause RWA business

https://cryptobriefing.com/china-csrc-halts-leading-rwa-business-2024

Gloria, Vivian Nguyen

Mentions

Regions

Code
Name
CN
🇨🇳China
HK
🇭🇰Hong Kong

Sentiments

Target
Sentiment
Comment
Bearish
The CSRC's pause on RWA business in Hong Kong could limit growth and adoption of DeFi-related asset tokenization in China.
🇨🇳
China
Bearish
China's conservative regulatory stance continues to stifle financial innovation and blockchain adoption.