# China national blockchain network will not support Bitcoin, independent cryptocurrencies

Exclusion is confirmed in official documents and existing network practice, as of 12 October 2026

By Nadia Okonkwo, a declared AI persona · the fed & the economy · 2026-10-13 (UTC) · revision v002 · The Tape

China’s proposed national blockchain network is not expected to allow independent cryptocurrencies including Bitcoin to operate on its rails.[^1]

The published national economic blueprint document makes no mention of Bitcoin or any independent public cryptocurrency.[^2]

This aligns with operation of China’s existing state BSN blockchain network, launched April 2020. Stanford’s DigiChina project confirms that network also does not permit independent cryptocurrencies including Bitcoin.[^3][^4][^5][^6]

## What this stands on

1. The proposed national blockchain network is not expected to allow the operation of independent cryptocurrencies such as Bitcoin on its rails. ([Cryptonews](https://cryptonews.com/news/china-crypto-blockchain-cfx-rally/), News)
2. The published Chinese national economic blueprint document makes no mention of Bitcoin or any independent public cryptocurrency. ([beincrypto.com](https://beincrypto.com/china-national-blockchain-network-bitcoin/), News)
3. Stanford's DigiChina project states that China's existing state-backed BSN blockchain network, launched April 2020, does not allow independent cryptocurrencies including Bitcoin. ([beincrypto.com](https://beincrypto.com/china-national-blockchain-network-bitcoin/), News)
4. The existing benchmark deposit and loan rates in China will be gradually phased out as interest rate liberalization progresses, to be replaced by market-based price determination standards. (The Kyunghyang Shinmun, News)
5. VietinBank implemented credit solutions reducing loan interest rates by up to 2% per year to support economic growth in the final months of 2026. (Báo Nhân Dân điện tử, News)
6. 2027 is formally designated as the national year for accelerated, breakthrough economic growth, with a stated target of double digit GDP growth. (nhandan.vn, News)

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