On the evening of January 3, the third debate of SheKnows's final debate at the end of the year began. The theme of this debate was "2020, the year when the public chain supervision broke the game." Zhu Youping, deputy director of the China Economic Network Management Center of the National Information Center, said that China has a long way to go to legalize the issuance of tokens and digital currency exchanges. The prerequisites are: first, the blockchain industry is truly capable of self-discipline; second, killer applications have come out; third, the majority of investors have the ability to prevent flicker; and fourth, the policy and regulatory technical means are mature. If these conditions are met, the basis for the legalization of tokens and token transactions can be found. It is still far away from this. As a reminder, the policy has not changed. Do n’t step on the red line. Otherwise, you wo n’t get the evidence, but the testimony, and the amount is huge. Don't bet on the policy coming out right away, because it's far away.