The Digital Source For China's Tech Innovation Since 2000

Search
Close

Is China targeting NFTs and their proponents as a result of the crypto crackdown?

October 28, 2021
Source: brinkwire.com brinkwire.com
News Snapshot:
Is China targeting NFTs and their proponents as a result of the crypto crackdown? China held 0% of the average monthly hashrate share in August, according to the Cambridge Bitcoin Electricity Consumption Index. Many individuals assumed that the country had permanently abandoned cryptocurrency as a result of this. The Chinese authorities, on the other hand, appear to have a new target in mind: NFTs. Chinese regulators have “interviewed” some Internet companies about their connection with NFTs, according to journalist Colin Wu. Despite the idea that NFTs are only supposed to be used as “digital collectibles,” large companies like Tencent and...
Go To Original Source →
Tags: Alibaba | bitcoin | blockchain | China | Chinese | crackdown | crypto | cryptocurrency | currency | DHL | digital | energy | Ethereum | fintech | government | illegal | index | Internet | IT | media intelligence | News Media | online shopping | technology | Tencent | Twitter

Other Related News:

Tesla Deliveries Due After Shanghai Production Woes; Tesla Stock Hits Resistance – Investor's Business Daily

June 28, 2022

Nike profits dip on lower sales in North America, China

June 28, 2022

Berlin-Made Tesla Model Y Performance Appears to Have Softer Ride vs Shanghai Builds [VIDEO]

June 28, 2022

Chinese censors scrub internet after senior party official gives speech on timeline of zero-Covid in Beijing

June 28, 2022

Dutch Treat For JD, Hong Kong Internet Gains

June 28, 2022

China EV Sales: Tesla Rival BYD Breaks Out After Huge Win Streak; Nio, Li Auto, Xpeng Due

June 28, 2022

Western nations can ‘send message’ on China-Russia alliance

June 28, 2022

MACAU DAILY TIMES » Female referee at men’s World Cup wants the game to shine

June 28, 2022

Samsung Asset Management (Hong Kong) is launching the first APAC ex NZ Metaverse Active ETF in Hong Kong

June 28, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....