The People's Bank of China and the Communist Party's Central Committee held a strategic meeting on October 20-23, 2025, in China, focusing on financial sector reforms, particularly in digital finance.
This meeting emphasizes digital RMB development and anticipates significant impacts on China's financial infrastructure, while existing regulations remain unchanged for public cryptocurrencies.
PBOC Sets Goals for Digital RMB and Financial Infrastructure
During a high-profile session, the Party Committee of the People's Bank of China addressed plans to advance digital finance and improve adaptability within the real economy. It was part of an overall push to reform five key areas in finance, supported by Xi Jinping.
Implementation of these objectives includes enhancing digital RMB infrastructure and promoting a rational layout of financial institutions across regions. The alignment with sustainable practices suggests that e-CNY development will continue progressively.
No major market shifts in crypto sectors are expected as the focus remains on state-backed initiatives. Key figures have not publicly commented on influencing public blockchain assets like BTC or ETH.
China’s Digital Strategy Leaves Global Crypto Unmoved
China's Five-Year Plans historically concentrate on national projects like e-CNY rather than global crypto assets, reinforcing domestic digital currency initiatives without directly impacting major international cryptocurrencies.
Bitcoin's current price is $111,132.84, with a market cap of 2,215,895,342,567 and a 24-hour trading volume decline by -27.81%. The digital RMB's growth hasn't affected Bitcoin's dominance of 59.21%.
Expert insights indicate that the recent PBOC session is unlikely to alter global cryptocurrency trends. The Coincu research team suggests regulatory focus remains primarily on domestic digital assets like e-CNY.
Denis Depoux, Global Managing Director, Roland Berger, remarked, “Setting a clear, long-term objective has been key to the development of China. In a very volatile international environment today, it’s even more important to have a beacon and to have a long-term objective.”