Starting January 1, 2023, Chinese residents can trade digital collectibles using a state-backed blockchain platform.
The exchange, dubbed “China Digital Asset Trading Platform,” will be unveiled on the first day of 2023.
And there will be an official ceremony to celebrate the launch of the marketplace in Beijing.
According to people in the know, the marketplace will be fully compliant with the necessary government laws.
There is the China Technology Exchange and the China Cultural Relics Exchange Center, both of which are stage-backed.
The State-Backed Blockchain Platform Will Allow Users To Speculate On Digital Collections The exchange will allow users to trade digital collections, or NFTs, digital copyrights, and property rights.
Source: NFTNewsToday.com