Chinese authorities are prohibiting NFTs but allow digital collectibles instead; however, Internet giants keep entering the NFT space According to the Chinese crypto blogger Colin Wu, Chinese regulators are in talks with major Internet companies about non-fungible tokens (NFTs) use. He has reported exclusively that NFTs are not allowed to be used any more. However, instead digital collectibles are permitted. Exclusive: Chinese regulatory authorities are strengthening the supervision of NFTs and have interviewed major Internet companies. NFTs are no longer allowed to be used, but instead are digital collectibles.— Wu Blockchain (@WuBlockchain) [October 23, 2021] Still, local Internet giants and...