- The announcement states that the agency would begin ‘Jianwang 2022’ initiative. - According to the NCAC, it is a priority to increase its monitoring of the NFT sector in China. NFTs are an integral part of China’s strategy to combat copyright infringement and internet piracy. The East Asian nation has seen a rise in the amount of piracy committed online, particularly in the form of NFTs made from pirated digital content. In response, the Chinese government has launched a new program to increase monitoring. In a press statement issued on Friday, the National Copyright Administration of China (NCAC) revealed...