China's state media Xinhua to issue NFTs amid crypto crackdown


The collectibles will be issued for free via its news app on Dec 24, 2021. - Reuters

BEIJING (Bloomberg): China’s official Xinhua News Agency is planning to issue news collectibles based on technology used in non-fungible tokens even as policy makers in Beijing have largely banned all crypto-related transactions.

The collectibles, minted from select news photography reports from this year, will be issued for free via its news app at 8pm on Friday, the agency said in an announcement on Wednesday (Dec 22).

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China , Xinhua , crypto

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