China Crypto Strategy Expands as Beijing Backs National Blockchain Network

Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for... China announced crypto plans for a national blockchain network. The proposal appeared in a policy document from the Communist Party of China Central Committee and the State Council, made public by Xinhua. The document frames blockchain within a wider digital-economy expansion, while mainland China’s ban on cryptocurrency transactions remains in place.

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