China

Alibaba, Tencent and Other Chinese Tech Giants Now Require ID Checks for NFT Purchases #nft #crypto #bitcoin

The NFT space in China is in constant evolution. While users await a proper operational framework that will guide participation in the sector, stakeholders are taking measures that could promote favorable conditions when the final rules are rolled out. On several occasions, tech giants in China have adopted self-compliance rules that are in sync with … Read moreAlibaba, Tencent and Other Chinese Tech Giants Now Require ID Checks for NFT Purchases #nft #crypto #bitcoin

Regulatory Events Always Return Positive for Bitcoin Except in China, Says New Study #nft #crypto #bitcoin

In almost everywhere some sort of regulatory event was recorded, it come back with positive returns against Bitcoin averages in the six-month and one-year windows except in China, a US-based investment management firm for Bitcoin shown in a new report. NYDIG in its Quantifying the Benefits of Regulatory Clarity report notes it finds that the view … Read moreRegulatory Events Always Return Positive for Bitcoin Except in China, Says New Study #nft #crypto #bitcoin

Metaverse Development to Receive Support From Shanghai as China Targets Economic Recovery #nft #crypto #bitcoin

There are plans in Shanghai to support the Metaverse and other industries within the Chinese technological ecosystem. This deliberate act is aimed at enhancing the revitalization of the Chinese economy which has been ravaged by various factors that include the Covid-19 pandemic, and other events that have also affected the economies of several nations of … Read moreMetaverse Development to Receive Support From Shanghai as China Targets Economic Recovery #nft #crypto #bitcoin