It's not new that China is accelerating to implement the Blockchain Technology and want to be pioneer in the field Worldwide . In China if the Blockchain Technology succeed the Government is planning to reward soldiers that fullfill some Achievements during their training and on the field of work in Cryptocurrency.
The Country is one of the most important economies In the world and this news just reinforce the implementation of an CBDC that will substitute the paper money in China.
The Xi Jinping endorsement catapults many crypto project from the country and it will lead to a whole new run to the Blockchain tech use. The Tech implementation will surely be important in industries and services that will give more Transparency,cheap service and very trustable network.
The World is going Blockchain and a whole new environment and the crypto space is getting massive exposure!