Tencent shuts down NFT platform as gov policy makes it hard to grow

Tencent shuts down NFT platform as gov policy makes it hard to grow

Tencent has shut down one of its digital collection (NFT) platforms, despite the fact that NFTs are not prohibited in China like crypto are. The two nonfungible token (NFT) platforms operated by China’s internet behemoth Tencent have reportedly been shut down due to dwindling sales made possible by the country’s regressive monetary policies. On July […]