The China Securities Regulatory Commission (CSRC) stated that it will strictly regulate the issuance of asset-backed securities tokens overseas by domestic assets in accordance with laws and regulations.

The China Securities Regulatory Commission (CSRC) has issued "Regulatory Guidelines on the Issuance of Asset-Backed Securities Tokens Overseas by Domestic Assets." The guidelines state that the CSRC will strictly regulate the issuance of asset-backed securities tokens overseas by domestic assets in accordance with laws and regulations. Before conducting related business, the domestic entity that actually controls the underlying assets must file with the CSRC, submitting a filing report, a complete set of overseas issuance documents, and other relevant materials as required, fully explaining the information of the domestic filing entity, the underlying assets, and the token issuance plan. The domestic filing entity, its controlling shareholder, actual controller, directors, supervisors, senior management, and relevant intermediaries must ensure that the filing materials they provide are true, accurate, and complete, and must not contain any false records, misleading statements, or material omissions.