China’s biggest messaging app WeChat suspends NFT accounts
Tencent’s WeChat has suspended some accounts associated with so-called non-fungible tokens (NFTs) and clarified the rules around these digital collectibles.
NFTs are effectively digital tokens such as artwork that have boomed in popularity with some selling for several millions of dollars. They’re usually based on a blockchain platform, mainly Ethereum, with people paying for the tokens in cryptocurrencies.But China has taken a tough stance on digital currencies, banning the trading of them in the country. NFTs in China are not bought with cryptocurrencies.
Source
t.me/Nfts_Daily
