A 7-Minute Overview of RWA Policies Issued by 7 Ministries
1. Overseas entities and individuals are prohibited from illegally providing RWA services to domestic entities in any form, explicitly naming overseas entities (be careful with RWA operations, one tip-off and you're done). 2. Domestic financial institutions' overseas subsidiaries are allowed to engage in RWA (speaking plainly, the national team is stepping in). 3. Mining machines/mining activities or providing mining machines within the country are classified as "strictly regulated." 4. Physical entity registrations must not include any advertisements related to "virtual currencies."
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A 7-Minute Overview of RWA Policies Issued by 7 Ministries
1. Overseas entities and individuals are prohibited from illegally providing RWA services to domestic entities in any form, explicitly naming overseas entities (be careful with RWA operations, one tip-off and you're done).
2. Domestic financial institutions' overseas subsidiaries are allowed to engage in RWA (speaking plainly, the national team is stepping in).
3. Mining machines/mining activities or providing mining machines within the country are classified as "strictly regulated."
4. Physical entity registrations must not include any advertisements related to "virtual currencies."