China's Metaverse: Regulating Cryptocurrencies, NFTs and Data Privacy

Zhenyu Ruan, Yangdi Zhao of Baker McKenzie FenXun (FTZ) Joint Operation highlight notable legal developments in the three main legal areas of the virtual world called the metaverse, namely cryptocurrency regulation, NFT copyright infringement and data privacy

12 minute readAugust 26, 2022 at 01:44 AM

Susan Mok

China's Metaverse: Regulating Cryptocurrencies, NFTs and Data Privacy

Summary

It is virtually impossible to use Bitcoin or other cryptocurrencies in the metaverse in China given the stringent regulations in place and whether e-CNY, a digitalized version of China's

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