A ‘bad news’ from China for crypto and NFT marketplace
Some Chinese internet and tech giants have signed an initiative to prohibit digital collectibles (NFTs) and crypto, along with a promise not to set up secondary marketplaces.
Alibaba has launched NFT market; China becomes serious on Crypto
Alibaba Group of China has started a non-fungible token (NFT) marketplace. The dedicated platform enables customers to sell and purchase NFTs and also supports licensing and selling of intellectual property (IP). The Chinese tech major has combined two distinctive markets into one and developed a new bouquet of services available on a solitary platform. According…