China Securities Regulatory Commission urges brokerages to pause RWA business
Key Takeaways The China Securities Regulatory Commission (CSRC) told some Chinese securities companies to pause their real world asset (RWA) business in Hong Kong This regulatory move underscores China’s ongoing conservative stance on financial innovation, maintaining strict control since its 2021 cryptocurrency ban while still promoting non-crypto blockchain applications. Share this article China’s securities watchdog … Read more