# China Unveils National Blockchain Plan While Maintaining Cryptocurrency Ban

- URL: https://stocks.freetheai.org/news/china-unveils-national-blockchain-plan-while-maintaining-cryptocurrency-ban-423113
- Published: 2026-10-10T14:19:57Z
- Category: crypto; sentiment: neutral; impact: medium
- Symbols: [BITSTAMP:BTCUSD](https://stocks.freetheai.org/symbols/BITSTAMP-BTCUSD)
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Chinese leadership released an October policy roadmap outlining nineteen strategic initiatives, including the rollout of a nationwide blockchain infrastructure alongside digital computing networks. Published jointly by top governing councils on October 9, the guideline aims to merge technology with conventional industries while explicitly cautioning local authorities against speculative asset bubbles and diverting resources away from tangible economic sectors.

Although the initiative promotes distributed ledger technology, the strategy makes no allowance for decentralized digital assets. Commercial trading of private tokens remains banned in the country, with monetary authorities prioritizing the state-controlled digital yuan instead. Existing public infrastructure deployed in spring 2020 already bars unapproved crypto tokens, reinforcing Beijing's focus on regulated enterprise ledgers rather than open networks like Bitcoin (BITSTAMP:BTCUSD). Prices for the token hovered near $82,920, up 0.43% for the session.

Specific operational standards will be determined by the nation's key financial policy commission and state economic planning agency. Forthcoming regulatory updates from these bodies will clarify technical requirements, data governance rules, and whether non-state digital currencies will remain shut out from the national infrastructure.

## Key points

- Beijing's newest economic policy directs the creation of a national blockchain framework alongside computing grid systems.
- The strategic plan makes no allowance for independent cryptocurrencies such as Bitcoin (BITSTAMP:BTCUSD).
- Mainland authorities continue prioritizing the state-issued digital yuan while enforcing complete prohibitions on token trading.
- Subsequent regulatory guidelines from top financial and planning authorities will establish network operational rules.

## Questions and answers

### Does China's national blockchain initiative include Bitcoin?

No. The official strategy document omits Bitcoin entirely, and mainland restrictions against trading private digital assets remain in effect.

### Which authorities will create the rules for China's blockchain network?

Implementation guidelines will be established by the nation's primary economic planning agency and central financial oversight body.