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NFTs must be censored: China media watchdog

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Digital collectibles in mainland China should be considered digital publications that need to be censored before public distribution, 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

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