China banned crypto trading in 2021. On 9 Oct 2026 its leadership issued a 19-point plan that calls for a national blockchain network.

The uses reported are manufacturing, banking and data sharing, like checking each step of a supply chain. No operator, design or timeline has been published.

The plan announces no new cryptocurrency and reportedly doesn't mention $BTC . The trading ban was restated in February.

Blockchain and crypto are not the same thing. Read past the headline.