China Launches a National Crypto Exchange

In the New Year’s Eve, China announced the launch of a secondary exchange for digital assets, that will be state-owned.

The news came after the self-ban of NFTs from large Chinese enterprises like Tencent, Ant, Baidu and JD. The big hit was that through this exchange, China want to push the intellectual rights into a new path.

This can shape a new path for commercialization for intellectual property and how it can be digitized, giving a solution (?) to legal issues that could erupt from similar situations.

The metaverse projects will be in the first line as new wealth will be created in the digital world.

We expect more actions from European organizations in the IP field to catch up with the Chinese side.