Chinese financial institutions have issued guidelines relating to NFTs. Photo: Bloomberg
Chinese financial institutions have issued guidelines relating to NFTs. Photo: Bloomberg
NFTs

Chinese financial institutions’ NFT guidelines prevent them from any major role in digital collectibles

  • Guidelines issued by the government-managed industry associations prohibit the use of NFTs in the issuance of securities, insurance, loans and precious metals
  • Chinese financial institutions also cannot facilitate NFT trading and investments

Chinese financial institutions have issued guidelines relating to NFTs. Photo: Bloomberg
Chinese financial institutions have issued guidelines relating to NFTs. Photo: Bloomberg
READ FULL ARTICLE