China NFTs: Tencent and Ant Group join industry pledge to ban cryptocurrency and fight speculation

Quick Summary:

In a new ‘self-discipline initiative’, China’s biggest tech firms agreed to enforce real-name authentication for NFT buyers and to avoid secondary marketplaces.

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Article Details

Author / Journalist: Coco Feng

Category: Technology

Markets: Hong KongChina

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-04 @ 14:30:22 (6 months ago)

News Timezone: GMT +8:00

Ranking: #1316 (out of 2237 stories this day)

News Source URL: scmp.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 28103

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Official Website: scmp.com

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Headquarters: Hong Kong

News Last Updated: 6 hours ago

Coverage Areas: Hong Kong

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Publisher ID: #41

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