China Set to Launch State-Backed NFT Marketplace on Special ‘Cultural Protection’ Chain

China is geared-up to launch an official, state-backed NFT marketplace, that would let Chinese NFT traders to dabble in the space, but under government oversight. Called the ‘China Digital Asset Trading Platform’, the initiative is aimed at creating a safe ecosystem for the secondary sales of NFTs, which if not monitored, can dangerously expose buyers to hack atta...