RECAP: 🧵 Crypto regulation and tokenization accelerated this week, with Asia opening leverage, TradFi experimenting with tokens, and exchanges building on-chain rails.
Liquidity is the common thread, but not every country is moving in the same direction.
Here’s a quick rundown of this week’s adoption signals. 👇
1/7

🚫 Not all regulators embraced private issuance
China’s PBOC banned all unapproved Renminbi-pegged stablecoin and RWA issuance by domestic and foreign entities, covering both onshore and offshore yuan markets as Beijing tightened control over digital currency flows.
6/7

Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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