China’s parliament member to promote NFT regulation at Two Sessions

Non-fungible tokens (NFT) are about to get a lot of attention during China’s “Two Sessions,” the country’s most important political event every year. This is because parliament member Feng Qiyi is about to propose a legal framework for NFTs.

Local media said on Wednesday that Feng will propose a clear legal definition of digital collectibles, market access rules for NFT trading platforms, and better copyright protection for NFTs.

Feng told the government to crack down on illegal ...