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China wants to separate cryptocurrencies from NFT trading

January 14, 2022
Source: bitcoinethereumnews.com bitcoinethereumnews.com
News Snapshot:
TL;DR Breakdown • BSN Network will create an NFT project to create tokens without cryptos. • China continues to fight cryptocurrencies as the market recovers its value. Almost a year after the massive regulation against cryptocurrencies in China, the popular government is back in the trend by acting for NFT trading. According to reports, the East Asian country plans to accept non-fungible auctions without being linked to cryptocurrencies. In this way, the country would avoid damaging the virtual auction trade without making its anti-crypto laws more flexible. However, crypto trading specialists and NFTs believe that meeting China’s goal will require...
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Tags: auction | bitcoin | blockchain | CEO | China | Chinese | crypto | cryptocurrency | currency | Ethereum | fintech | government | IT | marketplace | network | platform | publishing | regulation | Renminbi | trade | Yuan

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