đšđł CHINA JUST CALLED FOR A NATIONAL BLOCKCHAIN NETWORK
Reports out of Beijing say the Communist Party and the State Council have written a national blockchain network into the country's top-level economic blueprint.
This is not a pilot program or a city-level trial. WatcherGuru's report on it drew 6,400+ likes and 750K views in 24 hours, with Cointelegraph running the same story. That is serious heat for a policy headline.
Keep it in perspective. China banned crypto trading years ago, so this is not the door swinging open for retail trading. It reads as state infrastructure: identity, supply chains, settlement rails. But when the world's second-largest economy puts blockchain into its national strategy, $BTC and the rest of the market tend to notice the signal behind the noise.
Is this the start of a real blockchain arms race between states, or just more state-run infrastructure talk?
Not financial advice. DYOR.
#crypto #blockchain #China #Bitcoin #news
Reports out of Beijing say the Communist Party and the State Council have written a national blockchain network into the country's top-level economic blueprint.
This is not a pilot program or a city-level trial. WatcherGuru's report on it drew 6,400+ likes and 750K views in 24 hours, with Cointelegraph running the same story. That is serious heat for a policy headline.
Keep it in perspective. China banned crypto trading years ago, so this is not the door swinging open for retail trading. It reads as state infrastructure: identity, supply chains, settlement rails. But when the world's second-largest economy puts blockchain into its national strategy, $BTC and the rest of the market tend to notice the signal behind the noise.
Is this the start of a real blockchain arms race between states, or just more state-run infrastructure talk?
Not financial advice. DYOR.
#crypto #blockchain #China #Bitcoin #news