Quick summary of the RWA policy issued by 7 ministries: 1. Overseas entities and individuals are prohibited from illegally providing RWA services to domestic entities in any form. Specifically targeting overseas entities (be careful if you're doing RWA—one report and you're done). 2. Subsidiaries of domestic financial institutions abroad are allowed to engage in RWA (in plain terms, the national team is stepping in). 3. Mining machines/mining or providing mining machines domestically are subject to 'strict rectification.' 4. Physical registrations cannot include advertisements related to 'virtual currencies.'