According to the Interchain Pulse report, the number of global blockchain-related policy releases declined in February. Domestically, since the statistics, February this year is the first month in China where there is no regulatory and standardized development policy of the blockchain industry. On the one hand, it is supportive and encouraged. Among them, Guangdong and Shandong have issued the most relevant policies. In terms of foreign countries, in terms of quantity, blockchain policies have declined significantly. Observing the policy information of various countries, the supervision of cryptocurrency investment is still the key direction. At the same time, some countries have promoted the development of the blockchain and cryptocurrency fields through supervision.