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

August 26, 2022 | BY

Susan Mok

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

Share:

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