Shanghai SASAC held a central group study meeting on the development trend and coping strategies of cryptocurrencies and stablecoins

The Party Committee of the Shanghai State-owned Assets Supervision and Administration Commission held a central group study meeting on July 10 to study the development trend and response strategies of cryptocurrencies and stablecoins. He Qing, Secretary and Director of the Party Committee of the Municipal State-owned Assets Supervision and Administration Commission, pointed out that it is necessary to fully implement the spirit of the Seventh Plenary Session of the 12th Municipal Party Committee, adhere to innovation-driven, maintain a keen sense of emerging technologies, and strengthen research and exploration of digital currencies. Adhere to the integration of production and quantity, and explore the application of blockchain technology in cross-border trade, supply chain finance, asset digitalization and other fields. Persist in working hard, improve the ability of strategic agility and strategic initiative, further promote the deep integration of technology, finance and industry, and better play the important role of state-owned assets and state-owned enterprises in scientific and technological innovation, industrial control and security support, so as to make new and