China verbietet Onshore-RWA-Tokenisierung: Zwingt Billionen zur Flucht in globales DeFi

tldr; China has banned onshore real-world asset (RWA) tokenization activities without explicit approval, extending its crypto crackdown. The prohibition includes tokenizing ownership or income rights into tradable claims, treating such activities as illegal financial operations unless approved and conducted through designated infrastructure. The ban also restricts cross-border RWA tokenization services tied to onshore rights, pushing such activities to offshore jurisdictions. This move impacts DeFi and tokenized products, redirecting focus to compliance-first offshore markets.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

It’s almost like banning breathing. Except that they can actually cut off the supply of air, for the most part.