#statecouncilcallsfornationalblockchainnetwork 🚨 China wants to create a national blockchain network — what does that mean for cryptocurrencies? 🇨🇳
China is taking another major step toward creating blockchain infrastructure. On October 9, 2026, the Central Committee of the Communist Party of China and the State Council issued policy guidelines calling for the creation of a nationwide integrated computing network and a national blockchain network. The goal is to connect digital technology with the real economy. 🇨🇳
📊 Key highlights
🏭 Real-world applications: The policy highlights digital manufacturing, the development of the industrial internet, and improvements to national data infrastructure. Blockchain could support more efficient data sharing and business operations.
🤖 Computing power and AI: The integrated computing network reflects China's broader efforts to strengthen digital infrastructure and support advanced technology industries.
⚠️ Important distinction: This announcement does not mean China has legalized public cryptocurrency trading. The policy focuses on blockchain infrastructure and economic development, and does not represent a reversal of restrictions on cryptocurrencies.
Please follow
#Bitcoin #Ethereum #Solana #Blockchain #ChinaCrypto
$BTC $ETH $SOL
China is taking another major step toward creating blockchain infrastructure. On October 9, 2026, the Central Committee of the Communist Party of China and the State Council issued policy guidelines calling for the creation of a nationwide integrated computing network and a national blockchain network. The goal is to connect digital technology with the real economy. 🇨🇳
📊 Key highlights
🏭 Real-world applications: The policy highlights digital manufacturing, the development of the industrial internet, and improvements to national data infrastructure. Blockchain could support more efficient data sharing and business operations.
🤖 Computing power and AI: The integrated computing network reflects China's broader efforts to strengthen digital infrastructure and support advanced technology industries.
⚠️ Important distinction: This announcement does not mean China has legalized public cryptocurrency trading. The policy focuses on blockchain infrastructure and economic development, and does not represent a reversal of restrictions on cryptocurrencies.
Please follow
#Bitcoin #Ethereum #Solana #Blockchain #ChinaCrypto
$BTC $ETH $SOL