WeChat Bans Numerous NFT Accounts

WeChat Bans Numerous NFT Accounts
WeChat, the Chinese messaging service owned by Tencent, has blocked accounts that advocate Non-Fungible Tokens (NFTs) and undertake secondary transactions with them
WeChat Bans Numerous NFT Accounts
WeChat Bans Numerous NFT Accounts

WeChat Bans Numerous NFT Account

The Chinese messaging service owned by Tencent and used by 1.2 billion people, has blocked accounts that advocate non-fungible tokens (NFTs) and undertake secondary transactions with them.

Colin Wu, a China-based crypto journalist, and blogger gave the link to the announcement’s Chinese source.

— Wu Blockchain (@WuBlockchain) March 30, 2022

Tencent’s current regulation addressing accounts that hype various digital assets and sell collections of tokens on WeChat has been widely publicized by the Chinese news site Sina.

Furthermore, secondary transactions of non-fungible tokens are prohibited on WeChat.

Tencent’s ban targets NFT speculation

According to the story, Tencent, a Chinese giant, plans to standardize and correct these accounts. Tencent and Alibaba had already established their own NFT platform, despite the Chinese government’s ban on NFTs while allowing “digital collectibles.”

Tencent’s decision on WeChat was prompted by national legislation aimed at preventing the development of speculation based on NFT and crypto transactions.

Official accounts with primary transactions

Official NFT accounts, on the other hand, can avoid being banned because they display collections of NFTs and provide primary transactions.

To do so, businesses must submit a paper certifying their partnership with a blockchain firm that has been registered and approved by China’s Cyberspace Administration.

Tencent plans to keep an eye on new trends in the NFT field, as well as applicable needs from local regulators, in the future. Tencent intends to improve and adapt its rules to reflect this.

WeChat banned accounts that handled cryptocurrency transactions or promoted initial coin offerings (ICOs) in 2019.


https://link.space/@tok99toto ladangtoto link alternatif ok88 deposit dana ladangtoto rtp maxwin k86toto login tok99toto https://thewatchmakerproject.com/ https://mannawasalwa.ac.id/3/ladang-toto/ https://mannawasalwa.ac.id/3/s-mania/ https://bintangara.tabalongkab.go.id/public/klik88/ https://klik88.bintangara.tabalongkab.go.id/ https://ladangtoto.sakt1.co.id/ https://manyao.djmusicvibration.com.in/ https://ww.pn-jayapura.go.id/ ladangtoto slot thailand login k86sport tok99toto login https://slot-toto.pa-sungailiat.go.id/ http://103.3.46.79/funmania/ http://103.101.52.68:8005/kaizen88/ https://link-fun77toto.threeways.id/ https://bandar-fun77toto.diansigmaglobal.id/ https://ptbm.co.id/k86toto/ https://sisfo.diskominfo.pa-malangkota.go.id/ https://ftp.fhunwiku.ac.id/ https://103.181.182.174/ https://www.forex.ntu.edu.tw/tok99/ http://nkquoc.ntt.edu.vn/ https://kgaswe.ac.bw/adm-pulsa/ https://szeus.bintangara.tabalongkab.go.id/ https://ptbm.co.id/togel-hongkong/ https://sdnbeneryk.sch.id/s-88/ https://pta-bali.go.id/img/s-macau/ https://pta-bali.go.id/img/s-x500/ https://pta-bali.go.id/img/angka-jitu/ https://sdnbeneryk.sch.id/s-5k/ https://pta-bali.go.id/img/s-jepang/ http://103.3.46.79/888slot/ https://inspektorat.bondowosokab.go.id/assets/s-thailand/ https://pta-bali.go.id/img/s-taiwan/ https://fun77.bintangara.tabalongkab.go.id/ https://yppdb.or.id/s-macau/ http://103.3.46.79/dana-fun77/ https://yppdb.or.id/pg-soft/ https://galvindo.co.id/fun77toto/ http://103.3.46.79/padma188/ http://103.3.46.79/gateszeus/ https://pa-sukabumi.go.id/img/fun77toto/ https://yppdb.or.id/ladang-toto/ https://pa-blambanganumpu.go.id/img/s-mahjong/ https://yppdb.or.id/ying77/ http://103.3.46.79/slot777/ http://103.3.46.79/slot88/ http://103.3.46.79/slot77/ http://103.3.46.79/dewatoto/ http://103.3.46.79/dewaslot/ https://pa-blambanganumpu.go.id/img/s-dana/ https://pa-blambanganumpu.go.id/img/s-jp/ http://103.3.46.79/hokifun/ http://103.3.46.79/gopayfun/ http://103.3.46.79/danafun/ https://yppdb.or.id/data-sydney/ https://smartech.co.id/fun77toto/ http://161.97.112.139/ https://yppdb.or.id/axiebet/ https://yppdb.or.id/s-bri/ https://yppdb.or.id/s-toto/ https://yppdb.or.id/s-jepang/ https://pa-blambanganumpu.go.id/img/joker-123/ https://yppdb.or.id/ladang-duit/ slot thailand http://103.3.46.79/rumah258/ http://103.3.46.79/megaforwin/ http://103.3.46.79/asia188/ http://103.3.46.79/66kbet/ http://103.3.46.79/gb777/ http://103.3.46.79/gudangtoto/