Taiwan's Financial Supervisory Commission Advances RWA Tokenization Initiative

Reported 7 months ago

The Financial Supervisory Commission (FSC) of Taiwan, led by Chairman Pong Jin-lung, is actively promoting the tokenization of real-world assets (RWA). A new working group has been established with seven financial institutions to explore tokenization for bonds and funds. This initiative aims to transform physical assets into tokens for trading on blockchain, utilizing automated trading and smart contracts, with international examples already emerging. The FSC is focused on ensuring secure transactions and rights protection in this complex new realm.

Source: YAHOO

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