On July 10, a study session of the Party Committee focused on cryptocurrencies and stablecoins stirred considerable ripples in the financial circle. After the meeting, rumors emerged such as 'cryptocurrencies will be fully liberalized' and 'stablecoins should be benchmarked against Bitcoin,' causing market fluctuations.
So, what important signals did this meeting convey? This article provides an in-depth analysis.
Focusing on three major scenarios to boost the real economy.
This meeting emphasizes the need to focus on exploring the applications of 'cross-border payments, supply chain finance, and asset digitalization,' directly addressing the urgent needs of physical enterprises.