Lawyer: After the Release of the 2.6 Notice, Cross-Border Pathways and Practical Advice for RWA (Author: Liu Lei Legal Team) When projects adopt structures such as foundations, DAOs, offshore SPVs, the key to compliance assessment will become: who initiates, who controls governance, who decides the token economy, who controls funds and critical infrastructure, and who enjoys the main benefits; Compliance addresses the question of "whether the project can exist," but from a market logic perspective, the more important first step is still to determine whether an RWA project has genuine and sustainable market value; Discussing RWA under a heavily regulated framework, rather than first asking "how to comply," it is better to answer "whether it is worth it." Only when the project has a clear value logic does the compliance pathway become practically meaningful. Read the full article: