Shanghai’s Government Warms Up to NFTs, Recommends the Exploration and Building of Their Trading Platforms

Summary: The government of Shanghai seems to be warming up to NFTs. It has recommended the exploration and development of NFT trading platforms. Shanghai’s government sees NFTs as a means of protecting Intellectual Property and digital rights. However, the recommendation was not at the national level and was only made by Shanghai’s government. Shanghai’s government has broken from China’s stance against digital assets such as Non-fungible tokens for their volatility and associated risks. According to a Notice of the General […]