News13 January 2022

China wanna NFT

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China is planning to draw a clear line between cryptocurrencies and nonfungible tokens (NFT) — pretty much the same way it did with its digital currency efforts — before the crypto crackdown in the country harms the local NFT industry.

The Blockchain-based Service Network (BSN), a government-backed blockchain project in China, is working on infrastructure that would support businesses and individuals to build platforms and apps to manage NFTs, the South China Morning Post reported.

Ban crypto! But not all crypto. This one isn't for ban. But ban all crypto!

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