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NFT Cointelegraph

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.

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Archive context

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

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.

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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