TFTC(@TFTC21):China's CPC Central Committee and State Council published a policy document on October 9 calling for a national blockchain network as part of 19 measures to develop "new quality productive forces." The plan links blockchain to a unified computing power network, data markets, and industrial digitization, building on the state-backed BSN launched in 2020. The cryptocurrency ban remains in place. China wants the blockchain without the freedom. Permissioned, controlled, state-run. The digital panopticon gets another layer.

TFTC

@TFTC21

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TFTC@TFTC21

2026.10.12 19:15

China's CPC Central Committee and State Council published a policy document on October 9 calling for a national blockchain network as part of 19 measures to develop "new quality productive forces." The plan links blockchain to a unified computing power network, data markets, and industrial digitization, building on the state-backed BSN launched in 2020. The cryptocurrency ban remains in place. China wants the blockchain without the freedom. Permissioned, controlled, state-run. The digital panopticon gets another layer.

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