Wu Shuo learned that the Hainan Provincial Local Financial Supervision and Administration Bureau issued a risk warning, stating that market entities are falsely claiming to be the "Hainan International Data Asset Exchange," "Hainan Data Exchange," and other similar names, claiming they can conduct RWA (Real World Assets) and RDA (Real Data Assets) businesses in compliance. No such institutions have ever been approved within Hainan Province. Unapproved entities are not allowed to use the term "exchange" in their names, and their actions are suspected of illegal financial activities. The authorities reiterated that the country adopts the principle of "strictly prohibited domestically, strictly regulated internationally" regarding RWA tokenization. Any activities conducted within the country or providing intermediary and technical services related to this are suspected of illegal issuance of tokens and illegal fundraising, and will be shut down according to law.