[CSRC Issues 'Regulatory Guidelines on Overseas Issuance of Asset-Backed Security Tokens Based on Domestic Assets'] Odaily Planet Daily News – The China Securities Regulatory Commission (CSRC) has issued the 'Regulatory Guidelines on Overseas Issuance of Asset-Backed Security Tokens Based on Domestic Assets.' The guidelines define overseas issuance of asset-backed security tokens based on domestic assets as activities where cash flows generated from domestic assets or related asset rights are used as repayment support, and tokenized equity certificates are issued overseas using cryptographic technology, distributed ledger technology, or similar technologies. The overseas issuance of asset-backed security tokens based on domestic assets must strictly comply with laws, administrative regulations, and relevant policy provisions regarding cross-border investment, foreign exchange management, network and data security, among others. It must also fulfill the approval, filing, or security review procedures required by the aforementioned regulatory authorities and must not harm national interests or public interests.