China NFT Ruling Seeks to 'Cool Down the Hype,' Hong Kong Attorneys Say

While China's first-ever NFT court ruling added stricter burdens to marketplaces and led to some NFT bans, many think it is setting the stage for the growth of the digital asset market in the country.

5 minute readJuly 11, 2022 at 03:00 AM

Isha Marathe

(The article was first published onLegaltech News.)

The last few years have been quite a journey for nonfungible tokens (NFTs), going from niche art collectibles to marketing tools for major global corporations. To be sure, what often follows hype is regulation.

A Subscription is Required to Access this Content

Subscribe to China Law & Practice today for:

✓ A database of 3000+ essential documents, including key PRC laws translated into English
✓ Newsletters with business-critical and sector-specific updates
✓ Premium mobile access with timely analysis on China's fast-changing market

Already a Subscriber? Log In. Sign In Now

Questions? Contact us at [email protected] | 1-855-808-4530 (Americas) | 44(0) 800 098 386009 (UK & Europe)