Deep Tide TechFlow News, February 6th, the China Securities Regulatory Commission issued the "Guidelines on the Regulation of Domestic Asset-Backed Securities Tokens Issuance Overseas." The guidelines state that the issuance of asset-backed securities tokens overseas using domestic assets or related asset rights, supported by cash flows generated from these assets, utilizing encryption technology and distributed ledger or similar technology, involves activities of issuing tokenized rights certificates abroad. The issuance of asset-backed securities tokens overseas using domestic assets must strictly comply with laws, administrative regulations, and relevant policies related to cross-border investment, foreign exchange management, network, and data security. It must also follow procedures such as approval, filing, or security review required by relevant regulatory authorities, and must not harm national interests or social public interests. (Jin10)
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Deep Tide TechFlow News, February 6th, the China Securities Regulatory Commission issued the "Guidelines on the Regulation of Domestic Asset-Backed Securities Tokens Issuance Overseas." The guidelines state that the issuance of asset-backed securities tokens overseas using domestic assets or related asset rights, supported by cash flows generated from these assets, utilizing encryption technology and distributed ledger or similar technology, involves activities of issuing tokenized rights certificates abroad. The issuance of asset-backed securities tokens overseas using domestic assets must strictly comply with laws, administrative regulations, and relevant policies related to cross-border investment, foreign exchange management, network, and data security. It must also follow procedures such as approval, filing, or security review required by relevant regulatory authorities, and must not harm national interests or social public interests. (Jin10)