States Build Ledgers They Control
Governments in Asia and beyond will keep building state-run ledgers and folding stablecoins into foreign-exchange and identity regimes, so blockchain adoption by states extends capital controls and surveillance rather than weakening them.
forming · confidence 40 · Emerging (watchlist) · tracking since October 24, 2026 · updated October 24, 2026
Why the conviction moved
- Oct 24Strengthened +4
Beijing's five-year information plan targets 2030 for a national blockchain backbone with regional hubs and digital identity. The Bank of Korea plans a forex-law amendment this year to regulate stablecoins as a means of payment. Both put ledgers and stablecoins inside state identity and capital-control regimes.
Source trail
Supporting · October 24, 2026
China Targets 2030 for a National Blockchain Network With Digital Identity as South Korea's Central Bank Seeks Stablecoin Controls in Forex Law
Beijing's five-year information plan targets 2030 for a national blockchain backbone with regional hubs and digital identity. The Bank of Korea plans a forex-law amendment this year to regulate stablecoins as a means of payment. Both put ledgers and stablecoins inside state identity and capital-control regimes.
crypto.news
Unlock full source trail, score history, and daily updates.
Unlock TrendsTownsquare
Argue the thesis in Townsquare.