CHINA WANTS NFTS BUT ON THEIR OWN TERMS

Last updated: June 15, 2025, 21:21  |  Written by: Michael Saylor

China Wants Nfts But On Their Own Terms
China Wants Nfts But On Their Own Terms

Tech Giants Alibaba

In China, tech giants hoping to hop on the bandwagon have issued their own NFTs, while emphasising they're not linked to cryptocurrencies, which are banned in the country.

Tech giants Alibaba, Tencent, and Bilibili, among others, all have their own ‘digital collectibles’ but have banned the reselling of NFTs amid a tough regulatory environment.

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In China

The uncertain future of NFTs in China

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In China, NFT are referred to as ‘digital collectibles’ rather than ‘tokens’ since the Chinese government is opposed to cryptocurrency. A cryptocurrency is a digital or

Yet While Its Role Has

Yet while its role has traditionally been to control the internet domestically, the Chinese state is now taking further steps to curb the influence of international blockchains and

China’s NFT market is taking off, but regulations stand

Michael Saylor can be reached at [email protected].

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