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Golden Finance reported that according to the Mankiw Blockchain Legal Service public account, recently, a number of NFT digital collection entrepreneurs registered in Hainan communicated with lawyer Hong Lin, saying that the company was preparing to cancel or move to other cities. The reason is a notice issued by the Hainan Local Market Supervision and Administration Bureau in conjunction with other departments. The content of the notice is very clear, requiring companies operating NFT digital collection business within the jurisdiction to submit business qualifications within a limited time. Otherwise, "the relevant responsibilities will be borne by the company." .

Golden Finance reported that according to the Mankiw Blockchain Legal Service public account, recently, a number of NFT digital collection entrepreneurs registered in Hainan communicated with lawyer Hong Lin, saying that the company was preparing to cancel or move to other cities. The reason is a notice issued by the Hainan Local Market Supervision and Administration Bureau in conjunction with other departments. The content of the notice is very clear, requiring companies operating NFT digital collection business within the jurisdiction to submit business qualifications within a limited time. Otherwise, "the relevant responsibilities will be borne by the company." .

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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