China
Odaily
State Council Report: China to Strengthen RWA Tokenization Regulation, Improve Virtual Currency Policy Framework
- The State Council's financial work report calls for strengthened regulation of RWA (real-world asset) tokenization activities.
- The report also calls for improving and completing the regulatory policy framework governing virtual currencies.
- The statements appear as part of the State Council's broader report on financial sector conditions submitted to China's legislature.