The eight departments have banned a lot of content this time: one ️⃣ Prohibition of RWA: Domestic RWA tokenization is classified as illegal financial activity. two ️⃣ Control overseas: Prohibit the issuance of offshore RMB stablecoins, and domestic assets must be registered for issuance overseas (RWA). three ️⃣ Cut off services: finance, payment channels and Internet marketing were completely blocked, and "mining" continued to be rectified. four ️⃣ Self responsibility: Investing in virtual currencies and RWA tokens is not protected by law, and losses are borne by oneself. Mainly targeting RWA, everything else is a clich é. The market hasn't responded much either, I hope Americans won't be too surprised to see it!