China’s banking association proposes restrictions on NFTs

#News, Association, China

China’s banking association proposes restrictions on NFTs

The verdict that China’s web3 community has been waiting for months is here: NFTs, or the tokens used to prove the ownership and authenticity of an item, must not be used for securitization or transacted in cryptocurrencies, said China’s banking, securities and internet financial associations in an announcement on Wednesday. China has already banned initial […]

China’s banking association proposes restrictions on NFTs

2022-04-14 08:03

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