China

After Years of Checking Crypto Beijing Warms to NFTs on its Own Terms

China is embracing NFTs but will not permit settlement or links to cryptocurrencies.

The week-long Shanghai International Blockchain Week attracted top projects and investors to Shanghai to seek crypto money and fame in its 6th year.  The two main events in the week were the Blockchain Summit organized Wanxiang, one of the earliest backers of Ethereum,  and the Web3 Forum organized by the Web3 foundation. Ethereum founder Vitalik…