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China’s Social Media Platforms Take Down NFT Platforms Fearing Government Crackdown | Technology News

China’s Social Media Platforms Take Down NFT Platforms Fearing Government Crackdown Chinese social media giants are withholding the operations of NFT platforms in the country. The development is the result of China’s continuous clampdown on crypto-related activities, without having specified if NFT activities are permitted or not. NFT players like Xihu No.1, Dongyiyuandian, and WhaleTalk are reportedly facing consequences.

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