China’s surprise NFT move, Hong Kong’s $15M Bitcoin fund: Asia Express
China’s surprise NFT move, Hong Kong’s $15M Bitcoin fund: Asia Express
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In a surprise move, the Chinese government has guaranteed legal protection for NFTs.
In response to a series of often conflicting judicial opinions on the state of cryptocurrency in the country, the Chinese government has officially issued a legal commentary on dealing with cases of nonfungible tokens (NFTs) theft and their status as virtual property protected by law.
A Chinese judge explains that according to current laws, parties in a crypto lending contract are not entitled to judicial protection. Read also Features Features The Ordinals Timeline. (Originals Bot)The Hong Kong Web 3.0 Festival gallery hall (Twitter) Subscribe The most engaging reads in blockchain. Delivered once a week.
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