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Chinese court says NFTs are virtual property protected by law

The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs.

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Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Chinese court says NFTs are virtual property protected by law

The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs.

Why this matters

This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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