An illustration picture shows souvenir cryptocurrency coins arranged by a screen displaying an NFT logo on December 30, 2021. Photo: AFP
An illustration picture shows souvenir cryptocurrency coins arranged by a screen displaying an NFT logo on December 30, 2021. Photo: AFP
NFTs

China NFTs: Tencent and Ant Group join industry pledge to ban cryptocurrency and fight speculation

  • In a new ‘self-discipline initiative’, China’s biggest tech firms agreed to enforce real-name authentication for NFT buyers and to avoid secondary marketplaces
  • The agreement, which is not legally binding, is an acknowledgement from the industry of regulations that already exist in China for blockchain-based assets

An illustration picture shows souvenir cryptocurrency coins arranged by a screen displaying an NFT logo on December 30, 2021. Photo: AFP
An illustration picture shows souvenir cryptocurrency coins arranged by a screen displaying an NFT logo on December 30, 2021. Photo: AFP
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