China’s central bank hints at monitoring metaverse and NFTs

China’s central bank hints at monitoring metaverse and NFTs

The People’s Bank of China is after the metaverse and NFTs and wants to follow them using anti-money laundering technologies. According to a recent statement by a People’s Bank of China (PBoC) officer, China’s crypto crackdown is now extending to the metaverse and nonfungible tokens (NFT). Gou Wenjun, director of the PBoC‘s Anti-Money Laundering (AML) […]