China has made stealing digital collections, including NFTs, a criminal offense, according to a statement released by the government. The theft of digital collections will be subject to criminal penalties and will be evaluated alongside other related offenses such as hacking and data theft. The new regulations recognize digital collectibles as online virtual property due to their unique codes, non-tamperable features, and detailed transaction information. This is a significant development considering that China previously banned all crypto-related transactions. The government emphasizes that there is currently no secondary market for these digital collections, but consumers can still use trading platforms to buy, collect, transfer, or dispose of them. China has experienced a rise in civil disputes related to cryptocurrencies, with conflicting court rulings on the legal protection of virtual assets. Despite the ban, there is growing interest in NFTs in the country, as seen with the upcoming launch of China Daily's own metaverse and NFT platform.
Подпишитесь на нашу рассылку и получайте информацию о выходе новых статей, информацию об эксклюзивных скидках и другое
Или же подпишитесь на наш Telegram, чтоб всегда быть в курсе наших новостей.