China declares stealing digital collections like NFTs answerable for legal theft sentence

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

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

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