OLD CODER IS

Last updated: June 18, 2025, 12:57  |  Written by: Barry Silbert

Old Coder Is
Old Coder Is

In China

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

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.

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.

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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

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Barry Silbert can be reached at [email protected].

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