China Calls for a National Blockchain Network 🇨🇳
China's CPC Central Committee and State Council released new guidelines on developing "new quality productive forces" on Oct 9. Item 9 calls for building a nationwide integrated computing power network and a national blockchain network to merge the real and digital economies. The document doesn't mention crypto at all. Meanwhile, $CFX is up ~17.5% today, though nothing officially links the two.
Is this a big step for blockchain adoption, or just state infrastructure?
China's CPC Central Committee and State Council released new guidelines on developing "new quality productive forces" on Oct 9. Item 9 calls for building a nationwide integrated computing power network and a national blockchain network to merge the real and digital economies. The document doesn't mention crypto at all. Meanwhile, $CFX is up ~17.5% today, though nothing officially links the two.
Is this a big step for blockchain adoption, or just state infrastructure?