Tencent's NFT Platform Huanhe to Stop Sales for Public as Scrutiny Mounts

Tencent will no longer release digital collectibles to the public on its non-fungible token (NFT) platform Huanhe as regulatory scrutiny of NFTs mounts in the country. Huanhe was officially launched early last August. However, the owners of existing collectibles will still be able to hold, display or request a refund for their possessions.