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Chinese WeChat app deletes profiles linked to NFT files

Source: voonze.com voonze.com
News Snapshot:

Chinese instant messaging app WeChat, owned by tech giant Tencent, has removed several profiles related to non-fungible tokens, or NFT files. The stated purpose of this suspension is prevent speculation with these digital files. According to the company, the suppressed accounts were engaged in speculating with NFTs with the intention of forcing their prices up. WeChat has removed several profiles allegedly dedicated to NFT file speculation In China it does not exist at the moment no regulations prohibiting or limiting trading in these files. Under current legislation, it is possible to buy and sell NFTs in the same way as…

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