The Chinese government is expected to keep a wary eye on the country’s mushrooming blockchain-backed “digital collectibles”, but it is unlikely to impose an outright ban on non-fungible tokens (NFTs) as it has done with cryptocurrencies, analysts said. As global interest in NFTs surges, Beijing has kept its attitude vague towards domestic projects.

China unlikely to ban NFTs as ‘digital collectibles’ flourish, analysts say comes via ChinaTechNews.com.