2023-01-24 06:00:21

China NFT platforms expand into Hong Kong amid compliance risks on mainland

Logo South China Morning Post
South China Morning Post
By Forkast News
  • China banned cryptocurrency transactions in 2021, but Hong Kong has set up a new licensing regime that may eventually extend to retail crypto trading
  • ShucangCN and NFT China officials said they aim to generate a combined 50 million yuan in revenue for 2023, compared to 2022s 30 million yuan

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