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The post China Initiates Digital Finance Plan for Banking and Insurance appeared on BitcoinEthereumNews.com. Key Points: NFRA’s digital plan for blockchain in bankingThe post China Initiates Digital Finance Plan for Banking and Insurance appeared on BitcoinEthereumNews.com. Key Points: NFRA’s digital plan for blockchain in banking

China Initiates Digital Finance Plan for Banking and Insurance

Author: BitcoinEthereumNewsSource: BitcoinEthereumNews
2025/12/28 01:51
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Key Points:
  • NFRA’s digital plan for blockchain in banking and insurance industries.
  • Focus on big data and supply chain finance.
  • No direct impact on cryptocurrencies like BTC and ETH.

The National Financial Supervision Administration has issued a plan to enhance digital finance in China’s banking and insurance sectors, focusing on technologies like blockchain and big data.

This plan aims to bolster manufacturing efficiency and risk management, without immediate impacts on cryptocurrencies, highlighting region-specific digital finance priorities over global market movements.

China’s Ambitious Blockchain Strategy for Finance

The General Office of the National Financial Supervision Administration released a plan to advance digital finance in China’s banking and insurance industries. The aim is to enhance data collection and analysis through the use of blockchain and big data technologies.

Blockchain technology will be utilized to improve supply chain finance, supporting the digital transition of manufacturing enterprises. “Blockchain’s application in supply chain finance is a major step forward, reflecting China’s commitment to technological growth while maintaining tight controls over cryptocurrencies,” said a representative from the Coincu research team.

No direct responses from industry leaders or major crypto influencers have surfaced. There are no noted official statements from Bitcoin or Ethereum representatives regarding this plan’s implications.

China’s Continued Exclusion of Cryptocurrencies

Did you know? The People’s Bank of China’s fintech plans since 2021 have consistently emphasized blockchain for industrial applications, reflecting a longstanding commitment to digitalization without impacting cryptocurrencies directly.

Bitcoin (BTC) remains a dominant presence in the crypto market. As of December 27, 2025, BTC’s price is $87,493.53 according to CoinMarketCap. The 24-hour trading volume has decreased by 62.56%, while its market cap stands at $1.75 trillion.

Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 17:46 UTC on December 27, 2025. Source: CoinMarketCap

The Coincu research team indicates that China’s digital finance enhancements could foster safer industrial finance environments. However, the explicit exclusion of cryptocurrencies suggests regulatory caution, aligning with historical trends and data.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/blockchain/china-digital-finance-blockchain-plan/

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