NFTs are an essential component of China’s overall plan to fight infringements of copyright and piracy on the internet. The East Asian country has experienced an increase in the amount of piracy that is perpetrated online, notably in the form of NFTs that are produced from digital material that has been stolen. In response, the government of China has initiated a whole new initiative to step up the amount of surveillance being done. The information was disclosed by the National Copyright Administration of China (NCAC) in a press release that was distributed on Friday. According to the release, the organisation,…