# China, Cryptocurrencies and Blockchains **URL:** \ **Category:** Ideas 💡\ **Tags:** content-idea\ **Created:** [April 18, 2022, 6:30pm UTC](https://discuss.hashpire.io/t/china-cryptocurrencies-and-blockchains/62 "2022-04-18T18:30:36Z")\ **Posts on this page:** 1\ **Page:** 1
**Author:** ![anakornk](https://discuss.hashpire.io/user_avatar/discuss.hashpire.io/anakornk/32/3_2.png) [@anakornk](https://discuss.hashpire.io/u/anakornk)\ **Post date:** [April 18, 2022, 6:30pm UTC](https://discuss.hashpire.io/t/china-cryptocurrencies-and-blockchains/62/1 "2022-04-18T18:30:37Z")
The Chinese government is against cryptocurrencies but is actually very supportive of tokenless blockchain technology. Xi Jin Ping is advocating blockchain and is looking to make China the global blockchain leader. This goes against what many people think, that China is anti-blockchain. Some related articles: > **[Chinese government agency issues blockchain development roadmap](https://cointelegraph.com/news/chinese-government-agency-issues-blockchain-development-roadmap)** > > China’s Office of the Central Cyberspace Affairs Commission and the Ministry of Industry and Information Technology have published a roadmap with guidelines to accelerate blockchain adoption in the country. > **[Beijing doubles down on blockchain with new push to become a global leader](https://www.scmp.com/tech/tech-trends/article/3136515/china-plans-accelerate-blockchain-development-and-adoption-push)** > > In a new document, China’s internet governance agencies highlighted the country’s effort to establish an ‘advanced blockchain industrial system’ and become a world leader by 2025. > **[What does Xi Jinping’s blockchain advocacy mean for China, and the world?](https://www.scmp.com/tech/blockchain/article/3037541/explainer-what-xi-jinpings-blockchain-advocacy-means-china-and)** > > Xi Jinping’s backing of blockchain created a lot of excitement in the cryptocurrency world, including renewed talk of China launching its own digital currency