Enjin blockchain gaming platform enters the Chinese market

by in Blockchain News

Enjin platform

The Enjin game platform opens access to its wallet for the Chinese region.

According to a report on Monday, ENJ is now "approved and submissive with regulatory requirements in China." In a comment to CoinDesk, Brian Kortendik, vice director of marketing at Enjin, said the wallet was approved by the Ministry of Industry and Informatization of China.

“The foundation in which our services and commodities operate has been certified/licensed by the Chinese administration,” said Kortendik. "The application itself complies with all the ordinances established by the Chinese administration and interacts with ... an authorized foundation that meets regulatory requirements."

Trending: Finder: Bitcoin could hit $80,000 by 2025

The project, originated more than two years ago, hit the leaders in 2019 after rumors about the business of the project with Samsung were confirmed (this news increased the cost of the ENJ by more than 70%).