Shanghai State-owned Assets Supervision and Administration Commission Holds Central Group Study Meeting Focusing on the Development Trends of Cryptocurrency and Stablecoins

On July 10, the Party Committee of the Shanghai State-owned Assets Supervision and Administration Commission held a central group study meeting, focusing on the development trends and response strategies for cryptocurrency and stablecoins. He Qing, Secretary and Director of the Party Committee of the State-owned Assets Supervision and Administration Commission, emphasized the need to implement the spirit of the Municipal Party Committee Plenary Session, keenly perceive new technologies, and strengthen research on digital currency.

Promote the application of blockchain technology in areas such as cross-border trade, supply chain finance, and asset digitization; enhance strategic capabilities, promote the deep integration of technology, finance, and industry, leverage the role of state-owned assets and enterprises, and assist in the construction of Shanghai's "Five Centers."

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