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HomeFinanceChina declares stealing digital collections like NFTs responsible for prison theft sentence
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China declares stealing digital collections like NFTs responsible for prison theft sentence

The Chinese language authorities launched a assertion on Nov. 10 declaring that anybody stealing digital collections, similar to nonfungible tokens (NFTs), will probably be topic to theft sentences.

It outlines three views on the kind of crime that theft of digital collections falls below, the primary two classifying it as both knowledge or digital property. Nevertheless, the assertion stresses that the third view, which sees digital collections as each knowledge and digital property, would fall below the umbrella of “co-offending.”

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