China’s state-backed Blockchain Services Network, which saw the light of day two years ago, plans to launch a new platform supporting non-fungible tokens. However, the nation reaffirmed that it will have nothing to do with cryptocurrencies.
However, the country is supportive of a few features related to digital assets, including the underlying technology – blockchain. He Yifan, chief executive of Red Date Technology, said NFTs “have no legal issue in China” as long as they are not related to crypto.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: