Recently, there have been rumors circulating that China supports cryptocurrency, which seems to happen every year. I quite agree with Kai's viewpoint 1. It is still unlikely in the short term, after all, once the domestic funds are released, they will be able to go out openly through big cakes or stablecoins. It is a critical moment in the game, and the financial war is raging. This undoubtedly opens a backdoor. The 21 year ban is also due to capital management reasons, not any issues with blockchain technology. 2. However, we can stabilize the offshore People's Army currency, issue RMB treasury bond bonds overseas, and make payments based on encryption technology to maximize the blockchain technology. It can even support Hong Kong to take bigger steps and open its doors wider, leveraging the advantages of Hong Kong's capital market and combining it with encryption to make this lever more powerful. Two years ago, https://(x.com)/qinbank/status/15869863773790208? S=46&t=k6rimWs Ebo2D2TXolYcM-A discussed Hong Kong's relaxation of cryptocurrency assets 3. Is it possible in the future? It is entirely possible. If you have an advantage in the game and are not worried about capital outflows, you may be able to pilot small-scale projects in the future (such as the Hong Kong Stock Connect and Ethereum ETFs, where funds and returns will eventually return to the A-share account), and then gradually open up.