Tencent shuts down NFT platform as gov policy makes it impossible to thrive
While NFTs are not banned in China like cryptocurrencies, the government has warned against fraud risks associated with the nascent sector.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
While NFTs are not banned in China like cryptocurrencies, the government has warned against fraud risks associated with the nascent sector.
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 CointelegraphRelated market context
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