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Seven of China's largest financial associations have declared Tokenize of real assets (RWA), stablecoins, and cryptocurrency mining illegal, marking a significant tightening of regulations.

China classifies the Tokenize of real assets as an illegal activity.

Author: Ray Dalio, Founder of Bridgewater Associates
Compiled and edited by: BitpushNews

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[Image] As a systematic global macro investor, as I bid farewell to 2025, I naturally reflect on the underlying mechanisms of events, particularly market performance. This is the main theme of today's reflection.

While the facts and returns are undeniable, I look at the issues...

Dalio's annual assessment: AI is in the early stages of a bubble; these risks need to be watched out for in 2026.

Find a market gap, and then act immediately.