National-level blockchain policy support: Can Hainan become China's "blockchain capital" in the future?

Preface Since the beginning of this year, major favorable policies for Hainan Free Trade Zone construction have continued to emerge, making Hainan the focus of national attention again. On June 1st, the CPC Central Committee and the State Council issued the "Overall Plan for the Construction of Hainan Free Trade Port" (hereinafter referred to as the "Plan"), followed by a press conference to detail the opening-up policies behind it. Compared to the "Overall Plan for the China (Hainan) Pilot Free Trade Zone" released in 2018, although the new Plan maintains consistency in spirit, it is more specific and offers greater support. The launch of the Plan also marks the official setting sail of Hainan Free Trade Port.