Warning on real-world assets and tokenization to companies from China

The China Securities Regulatory Commission (CSRC) warned some local brokerage firms to stop their tokenization activities of real-world assets (RWA) carried out in Hong Kong. According to information provided by the news agency Reuters; China wants to adopt a cautious approach against the "excessive enthusiasm" in the rapidly growing cryptocurrency and digital asset market in Hong Kong.

Recently, the famous businessman Jack Ma's Ant Group also took an important step to tokenize its assets worth 8 billion dollars. In fact, a portion of these assets, amounting to 35 million dollars, had already been tokenized. However, no information was shared regarding how Ma's company obtained regulatory approval.

The news stated that at least 2 companies received a warning letter from the China Securities Regulatory Commission. One of the sources from Reuters also indicated that the purpose here is to enhance risk management and ensure that companies are supported by both "strong and legal activities."

As is known, cryptocurrencies have been completely banned in China since 2021... However, economically, Hong Kong, which is one of China's gateways to the world, provides freedom in this regard.

It is known that many Chinese citizens have also moved to Hong Kong and then crossed over to mainland China with their cold wallets after purchasing cryptocurrencies. Last year, a comprehensive package of regulations regarding cryptocurrencies was also implemented in Hong Kong. The regional government's goal is to become the cryptocurrency center of Asia...

Published: September 22, 2025 14:20 Last Updated: September 22, 2025 14:34