China Bans Real-World Asset Tokenization
The People's Bank of China, alongside seven government departments, has issued a directive prohibiting all activities related to the tokenization of real-world assets (RWA) within the country. Announced on February 6, 2026, this move aims to mitigate financial risks and curb unauthorized digital instruments.
The ban targets the conversion of physical asset ownership and revenue rights into cryptographic tokens. It classifies RWA tokenization as illegal, encompassing unauthorized token issuance, trading, fundraising, and related IT services. The prohibition also extends to offshore entities offering such services to Chinese residents. Exceptions may apply to activities conducted under specific regulatory approval and financial infrastructure, suggesting a potential for state-backed initiatives on permissioned blockchains.


Cryptovka
China Imposes Strict Ban on Real-World Asset Tokenization Activities
The People’s Bank of China (PBoC), in collaboration with seven government departments, has officially issued a directive prohibiting all activiti...




