Wuhan omits NFTs from metaverse plan amid regulatory uncertainty in China

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Wuhan omits NFTs from metaverse plan amid regulatory uncertainty in China
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Wuhan has omitted the mention of NFTs from its revised draft that encourages businesses to explore Web3 technologies.

Looking at the revised version of the draft, the Chinese government seems to do away with anything that involves the exchange of tokens or digital properties.

The stance has been clear over the years as the government development plans have included metaverse-related technologies. For example, several Chinese cities, including the capital city of

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