China's Will Create New Industry Standards For Web3 and NFTs
China's Ministry of Industry and Information Technology has announced the creation of new industry standards for Web3 and Non-Fungible Tokens (NFTs)
This move towards creating new industry standards for Web3 and non-fungible tokens (NFTs) signals China's growing involvement in the blockchain industry
These standards have not been disclosed yet, but they are expected to provide guidance on areas such as security, privacy, and interoperability