China announced plans for a national blockchain network in a policy document published by the Communist Party of China Central Committee and the State Council. The document titled “Opinions of the CPC Central Committee and the State Council on Developing New Productive Forces” frames blockchain within a wider digital-economy expansion without mentioning Bitcoin or independent crypto assets. Mainland China’s ban on cryptocurrency transactions remains in place, but Beijing’s support for blockchain as infrastructure may create opportunities in enterprise and government systems. Conflux’s token CFX climbed above $0.07 on Sunday before settling around $0.066 as the market speculated about a possible role for Conflux, although the policy document does not name this blockchain as the operator of the proposed network.
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