Jiangsu Securities Regulatory Bureau Warns Against Illegal Financial Activities Using RWA

The Jiangsu Securities Regulatory Bureau issued a risk warning on September 15, cautioning the public against illegal financial activities disguised as Real World Asset (RWA) tokenization. The regulator noted that some entities are using claims of "entity asset backing," "guaranteed high returns," and "low-risk growth" to attract investments, which may involve illegal fundraising, fraud, or money laundering. The bureau emphasized that financing activities conducted under the name of RWA within the territory are illegal and urged investors to remain vigilant and report suspicious activities to the authorities.