The passage of the Hong Kong Stablecoin Draft, the U.S. GENIUS Act, the EU’s MiCA, and Southeast Asia’s regulatory bills undoubtedly marks a significant step forward for the application of Real World Assets (RWA). What is RWA? RWA (Real World Assets) refers to the process of tokenizing real-world physical assets (such as real estate, gold, art, etc.) or property rights (such as claims, revenue rights, fund shares, etc.) through blockchain technology, converting them into digital tokens that c...