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Tencent, Ant Rebrand NFTs After Beijing’s Crypto Crackdown

  • Chinese tech giants now call them ‘Digital Collectibles’
  • NFTs are grey area in China where crypto trading is banned
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Photographer: Anthony Wallace/AFP/Getty Images

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China’s technology giants are playing down their links to non-fungible tokens amid investor concern that this booming area of the crypto universe may become the next target of regulators.