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.’”
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
Coral Finance Partners With Ads3 to Drive Web3 Consumer Growth With AI
Coral Finance has partnered with Ads3 to enhance its DeFi intelligence with AI-driven advertising, aiming to improve consumer acquisition and market understanding. This collaboration signifies a trend towards integrating AI tools for intuitive growth in the Web3 space.
BlockChainReporter2h ago
Band Protocol Partners Overlay to Expand DeFi Perpetual Trading
Band Protocol and Overlay Protocol have partnered to enhance exotic perpetual trading in DeFi by integrating Band's oracle infrastructure with Overlay's platform, allowing traders to access unique market opportunities and improve data reliability.
BlockChainReporter3h ago
Bitcoin DeFi on Cardano Reaches Milestone With First BTC-ADA Atomic Swap
The crypto sector may be struggling with the ongoing bear market, but some projects are relentlessly building and expanding their ecosystems. One such is Cardano, which just hit a milestone in its Bitcoin decentralized finance (DeFi) integration, by completing the first atomic swap between BTC and t
CryptoPotato4h ago
Ondo Gains After Franklin Templeton ETF Tokenization Deal
Key Insights
Ondo gained eight percent after partnering with Franklin Templeton, boosting visibility and signaling deeper integration between traditional finance and blockchain-based investment products globally.
Tokenized ETFs will enable round-the-clock trading through crypto wallets,
CryptoNewsLand5h ago
Conflux Network Taps Infini to Accelerate Stablecoin-Powered On-Chain Payments
Conflux Network has partnered with Infini to enhance stablecoin payments and on-chain finance, aiming to streamline digital transactions and boost stablecoin adoption. This collaboration positions Conflux for significant growth in mainstream finance and Web3 innovation.
BlockChainReporter6h ago
WhiteBIT Unlocks Fan Benefits: Exclusive Ukrainian National Football Team Card Skin and Match Tickets Giveaway
[PRESS RELEASE – Vilnius, Lithuania, March 6th, 2026]
WhiteBIT, the largest European cryptocurrency exchange by traffic and the official title crypto partner of the Ukrainian National Football Team, has introduced a new fan-focused initiative that blends digital innovation with real-world
CryptoPotato7h ago
