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NFT Cointelegraph

NFT platforms in China grow 5X in four months despite government warnings

NFTs are still a gray area in China where, unlike cryptocurrencies, there’s no official ban on their use but the authorities have warned investors against the risks from time to time.

38 /100
Market signal

Archive context

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

NFT platforms in China grow 5X in four months despite government warnings

NFTs are still a gray area in China where, unlike cryptocurrencies, there’s no official ban on their use but the authorities have warned investors against the risks from time to time.

Why this matters

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

Original source

Read on Cointelegraph

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