China to launch national Digital Asset Trading Platform for NFTs on Jan. 1 Cryptocurrencies
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The ‘China Digital Asset Trading Platform’ was jointly built by state-owned China Technology Exchange and China Cultural Relics Exchange Center in partnership with Huaban Digital Copyright Service Center, a private company. The China Digital Assets Trading Platform uses the China Cultural Heritage Chain for the trading of digital assets, which provides digital asset registration, confirmation of rights, deposit certificates, rights protection monitoring, and copyright protection services for institutions and individual users. The China Cultural Heritage Chain is designed to promote the deep integration of blockchain technology applications and cultural digital copyright protection.
“In terms of industry supervision and compliance, digital collections are a new type of business, and laws, regulations and regulatory policies will be gradually improved, so there are some uncertainties,” Yu said. “Platforms have clear responsibilities for the issuance and trading of digital collections. Compared with intellectual property rights and digital copyrights, digital collections face greater compliance risks.
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China to launch its national NFT marketplace in the new yearChina is launching its first national non-fungible token (NFT) marketplace this New Year. The platform will enable the trading of copyrights for digital assets and other collectibles. China is launching its first national non-fungible token (NFT) marketplace this New Year, reported a local news publication. The China Digital Asset Trading Platform, which serves as a […]
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