Regulation· ★★★· neutral·

Shanghai to build national blockchain hub with cross-chain services

  • —Shanghai published measures to ease cross-border data flows
  • —Plans include a national blockchain hub (Shanghai node)
  • —The hub will feature distributed digital identity and privacy computing
  • —International data centers and cross-chain services also get support
Why it matters: China is expanding state-backed blockchain infrastructure, which could accelerate institutional adoption of the technology domestically.
Source: ChainCatcher 链捕手
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