In July 2025, the U.S. Congress successively advanced and passed three heavyweight legislations: the GENIUS Act, the CLARITY Act, and the Anti-CBDC Monitoring National Act, marking a historic step in digital asset regulation. Wang Shanliang, Director of the Web3 Research Center of Dacheng Financial Committee and Dean of the Legal Compliance Institute of RWA Research Institute, pointed out in an exclusive interview with RWA Research Institute that these three acts complement each other, aiming to use stablecoins as a lever to construct a new digital dollar order, while opening channels for decentralized finance (DeFi) and stock tokenization, potentially triggering a global asset revolution "beyond trillions of dollars".
Wang Shanliang
Director of Web3 Research Center, Dacheng Financial Committee
Dean of Legal Compliance Institute, RWA Research Institute
[The rest of the translation follows the same professional and accurate approach, maintaining the original structure and meaning while translating to English.]The RWA Research Institute was jointly initiated by senior financial professionals, Web3 practitioners, industry innovators, and technical experts, officially launched in Hong Kong on June 25, 2024 (full name: RWA Research Institute, abbreviation: RWARI).
As one of the earliest professional RWA research institutions internationally, the RWA Research Institute focuses on the Real World Assets (RWA) field, dedicated to promoting the integration of traditional financial assets and blockchain technology. Through in-depth research and practice, the institute provides innovative solutions for investors and enterprises, facilitating the digitization and tokenization of physical assets, and building a bridge between traditional finance and digital assets.
The core mission of the RWA Research Institute is to combine policy research, standard setting, and ecosystem co-construction, helping enterprises achieve asset digital transformation and providing technological support and strategic coordination for global compliant development. In the future, the institute will continue to deepen the integration of digital technology and the real economy, collaborate with international institutions to host global industry summits, explore multi-domain application scenarios, and inject new momentum into high-quality global development.
In May 2025, the RWA Research Institute, together with China Search, China Electronics Digital Scene Technology Research Institute, and other authoritative institutions, initiated the establishment of the "China RWA Industry Think Tank", focusing on the global compliant development of asset digitization. The think tank empowers the real economy through three core directions: first, leading the development of international collaborative norms such as the "RWA Project Evaluation Standards"; second, building a digital service chain of "asset chaining - cross-border circulation - global trading", integrating blockchain and artificial intelligence technologies; third, establishing cross-border compliant channels with Hong Kong and Shenzhen as hubs, promoting green finance and cross-border investment and financing innovation. Meanwhile, the think tank relies on the "dual-chain fusion architecture" (national-level alliance chain and cross-chain protocol collaborative mechanism) to strengthen technological autonomy and data security, and deepen cross-border collaboration and compliant governance.
