Chinese provincial government warns against trading real-world asset tokens

The financial regulatory bureau of China's Hainan province has issued a warning against the trading of real-world assets (RWA), Foresight News reported. The bureau stated that any market entity brokering RWA transactions under an exchange name without official approval is engaging in illegal financial activities that threaten public assets. The warning specifically mentioned local exchanges that support RWA trading, including the Hainan International Data Asset Exchange, the Hainan Data Exchange, and the Hainan Ocean Exchange.