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NFT market in China continues to boom amidst crypto ban

September 8, 2021
Source: bitcoinethereumnews.com bitcoinethereumnews.com
News Snapshot:
TL;DR Breakdown - China NFT market continue to boom amidst crypto ban. - Popular Chinese tech firm Alibaba develops NFT market. - NFT attracting wealthy people in China. The crypto ban in China has taken so much toll on the industry in the country and beyond. However, the NFT market in the country remains unperturbed. A recent report reveals that NFT market and its adoption in China has continued to skyrocket, attracting wealthy Chinese. Another massive boost received by the Chinese NFT market is the entry of Alibaba. The popular China tech firm also set up its NFT exchange. According...
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Tags: Alibaba | API | ban | bitcoin | blockchain | boycott | ByteDance | Cai Wensheng | China | Chinese | crypto | digital | fintech | game | Giant | IT | NetEase | News Media | online shopping | online video | retail | social media | Taobao | technology | TikTok

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