China to launch its first regulated NFT marketplace, China Digital Asset Trading Platform, on January 1
China will launch a regulated platform for trading Non-fungible trading tokens (NFTs) known as China Digital Asset Trading Platform on January 1, 2023, according to local media outlet Sina News.
The Chinese Technology Exchange, Art Exhibitions China, and Huban Digital Copyrights Ltd, a private corporation, jointly created the platform to facilitate the exchange of NFTs as a secondary market. The Platform will also provide institutions and individuals with rights protection monitoring and copyright protection services concerning digital assets.