shutterstock 1998145754 1

NFTs must be censored: China media watchdog

Posted on

Digital collectibles in mainland China will enjoy copyright protection only after a review, National Press and Publication Administration blockchain copyright director Liu Tianjian said.

See related article: China’s diktat against NFT flipping spawns an ingenious industry

Fast facts

  • Liu said Chinese digital collectibles on secondary markets can fall on the “red line” of financialization. 
  • People’s Daily recently published an opinion article that supported the efficiency of NFTs in digital marketing, cultural content and creative industries.

See related article: China-run media outlet criticizes NFT platform as a payment risk

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *