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China’s state-run news agency to launch NFT collection -Breaking

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In an announcement made on Wednesday, China’s official Xinhua News Agency will issue its first series of nonfungible token (NFT) collectibles. The move is a thumbs up to blockchain technology previously shunned by the People’s Republic of China (PRC). An official NoticeXinhua will publish 10,000 copies in 2021 of 11 photographs taken by journalists.

The stride into NFTs is puzzling in light of recent events in the world’s second-largest economy. Here are some examples. National crypto crackdownWhere (BTCEther (ETHChina banned (or re-exported) the mines in 1980. NFTs & metaverses: Your goalThey suggested that their surveillance should be intense. Tencent, Huawei and other tech companies were encouraged to pursue trademarks in metaverse despite the anti-crypto sentiment.