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China NFT crackdown: Internet companies deny NFT trading platform launch allegations

As China’s ban on virtual currencies nears the end, the government has now shifted its focus towards cracking down on the Non-Fungible Token (NFT) market. In lieu of authorities’ weekend’s notice against NFT trading, Chinese Internet giants, Tencent and Alibaba have denied the allegations about launching their respective NFT trading platforms. Both Tencent and Alibaba

As China’s ban on virtual currencies nears the end, the government has now shifted its focus towards cracking down on the Non-Fungible Token (NFT) market. In lieu of authorities’ weekend’s notice against NFT trading, Chinese Internet giants, Tencent and Alibaba have denied the allegations about launching their respective NFT trading platforms. Both Tencent and Alibaba

JD.com is the latest big name to delve into the world of nonfungible tokens
NFT News
JD.com is the latest big name to delve into the world of nonfungible tokens
NFT News

JD.com drops NFT series on its own blockchain

JD.com is the latest big name to delve into the world of nonfungible tokens (NFTs), as the Chinese e-commerce giant unveils a special NFT series on its own blockchain platform. The online retail giant is reportedly launching the series ahead of its annual JD Discovery conference. Per reports of a Chinese news agency Sina Finance,

JD.com is the latest big name to delve into the world of nonfungible tokens (NFTs), as the Chinese e-commerce giant unveils a special NFT series on its own blockchain platform. The online retail giant is reportedly launching the series ahead of its annual JD Discovery conference. Per reports of a Chinese news agency Sina Finance,

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News

Alibaba’s SCMP follows TIME Magazine, Launches ARTIFACTs NFTs to Tokenize Media Assets

Despite the regulatory crackdown, Chinese e-commerce giant Alibaba is making a move into the NFT market. Alibaba-owned most popular English newspaper in Hong Kong – South China Morning Post (SMCP) – will issue its own NFTs tokenizing its media assets. Dubbed as ARTIFACTs, these NFTs will represent meaningful moments and objects from SCMP’s historical news

Despite the regulatory crackdown, Chinese e-commerce giant Alibaba is making a move into the NFT market. Alibaba-owned most popular English newspaper in Hong Kong – South China Morning Post (SMCP) – will issue its own NFTs tokenizing its media assets. Dubbed as ARTIFACTs, these NFTs will represent meaningful moments and objects from SCMP’s historical news