The Chinese court in Guangzhou made a statement about NFT collections
It says that they have characteristics such as value, rarity, manageability and the possibility of sale, and belong to a virtual online property that should be protected by Chinese laws.
This could prove interesting if China implements it intelligently
China is strict as always
This is China telling it’s citizens what they already know. A step on the right direction nonetheless.
I don’t like China but it’s good news for NFT market
China is one of the first to introduce regulation in the crypto sphere, and by its example you can understand what to do optimally and what not
Now the NFT market in China will become even more popular, which will affect the overall situation)
It seems China is taking a more positive view of cryptocurrencies
I think this is good news for NFTs marketplace
China ban crypto but approved NFTs?
looks like they’re trying to loosen up slowly
On the one hand it is unfortunate that crypto sphere is being regulated in some regions, but on the other hand it means that government understands that NFTs and cryptocurrencies are a pretty big deal
I believe in the near future, NFTs will grow strongly
yeah really haha
That is a step forward for crypto.
nope its step to centralization
centralization is sht
China brings surprises again
It’s very strange as for my opinion
Good i’m not in China to think about it’s laws