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Tencent Shuts Down NFT Platform, Blames Unfavourable Government Policies

Tencent Shuts Down NFT Platform, Blames Unfavourable Government Policies
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Mayowa Adebajo , Wang Shimu , Tencent Platform Content Group , Blue Whale Finance , Transfers Key , Tencent News , Tencent Platform , Content Group , Magic Core ,

Tencent News shut down NFT platform to comply with government policy

Tencent news, Tencent s media product, has terminated operation of nonfungible token (NFT) platforms in an effort to avoid regulatory scrutiny of the businesses. ....

Wang Shimu , Tencent Wechat , Ant Group , Tencent Holdings , Tencent Platform Content Group , China Banking Association , Securities Association Of China , China Internet Finance Association , Tencent News , Tencent Platform , Content Group , Magic Core , Securities Association , Non Fungible Token ,

Tencent restructures its news team as online censorship and competition with short video outfits such as Douyin grows in China

Tencent Holdings, China’s most valuable tech company, reshuffled its news service operation this week, changing the unit’s head and sacking a handful of veteran editorial staff. ....

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