CHINA TO LEVERAGE BLOCKCHAIN FOR NATIONAL DATA INFRASTRUCTURE GOALS BY 2029

Summary from the TLDR Crypto newsletter

China aims to develop a national data infrastructure by 2029 that uses blockchain for data asset standardization, traceability, and trust as part of a broader push to unify its data market. China has embraced permissioned blockchain applications despite banning crypto trading and mining. The initiative is expected to attract $54.5B in annual investments, totaling $272.7B over five years.