- Written by: (Blockchain News
- Wed, 21 Jun 2023
- Hong Kong
Popular Chinese NFT platform iBox.art, has recently faced a penalty of 400,000 RMB for violating China's Anti-Unfair Competition Law. The law aims to ensure fairness in business promotions, stating that the maximum value of a top prize in a lottery-style sales event should not exceed 50,000 RMB. (Read More)