Morning Edition · Sunday, October 11, 2026Published at 1:46 AM EDT · New York
The 19-measure document treats distributed ledgers as state infrastructure for manufacturing, banking and data sharing, while Hong Kong warns unlicensed payment platforms that it will take enforcement action.

The Central Committee of the Communist Party of China and the State Council issued a policy document on October 9 with 19 measures to develop technology-led industries. The measures include building a national blockchain network and an inte…
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States Build Permissioned Ledgers Without Open Crypto
Major states will keep adopting blockchain as permissioned, surveilled state infrastructure for data, trade and finance while restricting open public-chain assets, which separates the technology's institutional growth from crypto-asset demand.
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