China’s surprise NFT move, Hong Kong’s $15M Bitcoin fund: Asia Express
Cointelegraph
Published Nov 09, 2023 06:05PM ET
Updated Nov 09, 2023 06:20PM ET
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.
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Written By: Cointelegraph
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