Mars Finance reports that according to Xinhua News Agency’s client, eight departments have issued a document further emphasizing that virtual currency-related activities are illegal financial activities, and have delineated the compliance boundaries for RWA tokenization as “strictly prohibited domestically and strictly regulated abroad,” explicitly naming Shuqin Technology as a pioneer in RWA compliance business.
It is understood that Shuqin Technology is a blockchain company based in Hangzhou. Public information shows that its founder was involved in founding “Yibit” and served as CTO, making them one of the earliest blockchain entrepreneurs in China. Previously, Shuqin Technology has been exploring RBA (Real Business Assets), relying on “trustworthy end-to-end data” to structurally present enterprise operations, revenues, and risks, and has formed a “triple credit enhancement” governance framework: supporting asset sustainability with real business, achieving verifiable and traceable data, and front-loading compliance requirements and responsibility boundaries through governance structures.
Meanwhile, Shuqin has introduced the “granular data” methodology, breaking down business into the smallest verifiable units, fully presenting the business process chain to meet key requirements such as authenticity, traceability, and risk isolation, providing foundational support for innovative productivity enterprises to connect with international capital.
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ShuQin Technology is actively developing compliant RWA issuance pathways suitable for Chinese enterprises
Mars Finance reports that according to Xinhua News Agency’s client, eight departments have issued a document further emphasizing that virtual currency-related activities are illegal financial activities, and have delineated the compliance boundaries for RWA tokenization as “strictly prohibited domestically and strictly regulated abroad,” explicitly naming Shuqin Technology as a pioneer in RWA compliance business.
It is understood that Shuqin Technology is a blockchain company based in Hangzhou. Public information shows that its founder was involved in founding “Yibit” and served as CTO, making them one of the earliest blockchain entrepreneurs in China. Previously, Shuqin Technology has been exploring RBA (Real Business Assets), relying on “trustworthy end-to-end data” to structurally present enterprise operations, revenues, and risks, and has formed a “triple credit enhancement” governance framework: supporting asset sustainability with real business, achieving verifiable and traceable data, and front-loading compliance requirements and responsibility boundaries through governance structures.
Meanwhile, Shuqin has introduced the “granular data” methodology, breaking down business into the smallest verifiable units, fully presenting the business process chain to meet key requirements such as authenticity, traceability, and risk isolation, providing foundational support for innovative productivity enterprises to connect with international capital.