China Hates Bitcoin… But Loves NFTs!


Source: invst.ly invst.ly

Key Topics in this News Article:

News Snapshot:

When we love, we don’t count! – Historically angry with Bitcoin and cryptocurrencies, only NFTs are allowed in the land of the rising sun. Nevertheless, the People’s Republic of China is weaving its network around the Digital Yuan and even plans at the end of January 2022 to offer NFTs on its national blockchain. Coup de coeur or “coup d’etat”? Blockchain, NFT and Digital Yuan: the love triangle The year 2021 was an example of this budding passion for NFTs. The South China Morning Post newspaper tells us about the episodes of this idyll. It all starts in the summer...