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China's Communist Party Wants To Regulate Digital Collections

source-logo  coingape.com 07 April 2022 12:16, UTC

China had seen a widespread ban on crypto transactions and crypto mining in 2021. Now, the China Economic Daily, the voice of China’s Communist Party, hints at stricter regulations on ‘digital collections’ or NFTs. China will look to regulate “digital collections” under multiple departments as it sees them as having speculative attributes of commodity, currency, and securities.

coingape.com