Caixin: Document No. 42 sets the tone for "strict regulation of overseas RWA," China International Capital Corporation Hong Kong has already explored cooperation with public chains and exchanges

RWA-2.19%

PANews February 21 News, according to Caixin.com, just after the release of Document No. 42, “Notice on Further Preventing and Disposing of Risks Related to Virtual Assets,” the team at CICC Hong Kong has been engaging with major public blockchains and exchanges to explore business cooperation opportunities. Some blockchain project leaders have also expressed a desire to collaborate with relevant investment banks and intermediary institutions to explore business opportunities. Ant and JD.com have both shown high concern regarding policy changes.
According to related reports, Hong Kong is one of the offshore issuance locations for RWA. Industry insiders familiar with regulations stated that RWA based on assets in Hong Kong does not fall under the regulatory scope of Document No. 42 and is not under the jurisdiction of domestic regulatory authorities. Currently, there are no underlying assets based on domestic securities or funds in China Hong Kong or other offshore RWA. If there are, they are under the responsibility of the China Securities Regulatory Commission’s Institutional Department. Additionally, “Originally, all were not allowed. Now, it’s not said that ‘all are not allowed,’ but strict regulation of outbound RWA based on domestic assets is in place. There is no ‘encouragement’ here; it should not be interpreted as ‘promoting development’ or ‘rapid expansion,’ but as ‘strict regulation.’”

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

RAX Finance Partners With BlockSec Arena to Advance RWAs Security and Confidentiality in DeFi

RAX Finance, a RWA layer for AI infrastructure, today announced a strategic partnership with BlockSec Arena, an AI-powered Web3 security infrastructure that helps blockchain projects reduce network risk. This collaboration enabled RAX Finance to incorporate BlockSec Arena’s security technology

BlockChainReporter15m ago

Enterprise Ethereum Alliance Announces Privacy Working Group to Advance Enterprise Adoption of Et...

New York City, United States, February 24th, 2026, Chainwire The Enterprise Ethereum Alliance (EEA), the leading member-driven organization supporting Ethereum institutional and enterprise adoption announced the formation of its Privacy Working Group, a collaborative initiative focused on

BlockChainReporter35m ago

Bhutan Issues Gold-Backed Visas on Solana Blockchain

Bhutan now allows anybody to invest $10,000 into its TER token on Solana to receive a visa that allows them to stay and work in the country for 12 months. TER launched in December and is backed by physical gold, custodied by a regulated bank and linked to the Gelephu Mindfulness City. The

CryptoNewsFlash40m ago

Nansen will establish a local entity in Thimphu, Bhutan

The blockchain data analysis platform Nansen will establish a local entity in Glep, Bhutan, providing blockchain data and market intelligence to support the development of digital assets in the region. This move will add a new team, not replace the Singapore operations, and plans to announce team size and office details in the coming months.

GateNewsBot1h ago

Ethereum Foundation Formalizes DeFi Strategy With New Protocol Support Unit

_EF formalizes DeFipunk strategy, adds new leadership, and sets roadmap for crypto-native DeFi innovation._ Ethereum Foundation is increasing its focus on decentralized finance and crypto-native values. A new team will help build and support DeFi protocols and work more closely with

LiveBTCNews1h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)