A man looks at an NFT by artist Jen Stark. China is set to launch a platform for trading digital collectibles in January. Photo: AP Photo
A man looks at an NFT by artist Jen Stark. China is set to launch a platform for trading digital collectibles in January. Photo: AP Photo
NFTs

China to launch national exchange for trading NFT-like digital assets despite cryptocurrency bans

  • The move reflects Beijing’s ramped-up efforts to expand China’s digital economy by applying commercial rules to data
  • China’s restrictions on the resale of NFTs, known locally as digital collectibles, is expected to be eased in the future, one expert says

A man looks at an NFT by artist Jen Stark. China is set to launch a platform for trading digital collectibles in January. Photo: AP Photo
A man looks at an NFT by artist Jen Stark. China is set to launch a platform for trading digital collectibles in January. Photo: AP Photo
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