Home Metaverse China launches national digital asset exchange for NFTs, metaverse – Ledger Insights

China launches national digital asset exchange for NFTs, metaverse – Ledger Insights

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China launches national digital asset exchange for NFTs, metaverse – Ledger Insights

Source: news.google.com

China launched a state-sanctioned high school digital asset trading platform on New Year’s Day. Following concerns over speculation surrounding non-fungible tokens (NFTs), the four tech giants Tencent, Ant, Baidu and JD have imposed a self-imposed ban on secondary trading of digital collectibles in mid-2022. The new national mall will only it has a live registration process, so it remains to be seen what kind of IP is supported, with the platform’s innovation working group made up of museums, tourism organizations and copyright holders.

The state-owned China Digital Assets Trading Platform was jointly created by the China Technology Exchange, the Cultural Relics Exchange and the Copyright Service Center with the aim of standardizing the trading process to buffer …

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