RWA Weekly: China's Digital Currency Legislation, Japan's First Trust-Custodied Stablecoin JPYSC, Global Tokenization Accelerates
This week's RWA roundup highlights key developments in real-world asset tokenization and digital currency regulation. China moves to legislate digital yuan's legal tender status; Japan's SBI launches JPYSC, the country's first trust-custodied, compliant yen-pegged stablecoin. Multiple economies including the EU, UK, South Korea, Russia, and the US are advancing CBDC programs and stablecoin oversight. Meanwhile, institutions like Baillie Gifford, Anchorage, and Invesco have tokenized bonds, deposits, and money market funds, signaling deeper convergence between crypto and traditional finance.




