The Shanghai State owned Assets Supervision and Administration Commission held a central group learning meeting on the development trends and response strategies of cryptocurrencies and stablecoins

The Party Committee of the Shanghai State owned Assets Supervision and Administration Commission held a central group learning meeting on July 10th, focusing on the development trends 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 development, maintain a keen perception of emerging technologies, and strengthen research and exploration of digital currencies. Adhere to the integration of production and quantity, explore the application of blockchain technology in cross-border trade, supply chain finance, asset digitization and other fields. Persist in striving for excellence, enhance strategic agility and initiative, further promote the deep integration of technology, finance, and industry, better leverage the important role of state-owned assets and enterprises in technological innovation, industrial control, and security support, and make new and greater contributions to the construction of Shanghai's "Five Centers".