🇨🇳 BREAKING: China is investigating Solana's promotion in the country.
The People's Bank of China confirmed today that authorities halted Solana's 'Accelerate China 2026' event in Shanghai before it began, and will now investigate the companies and individuals behind the campaign.
The PBOC says Solana used a domestic company to run high-profile ads — including on the Citigroup Tower in Shanghai's Lujiazui financial district — and that promoting SOL violates China's February 2026 crypto rules.
SOL is trading near $90, down 7% in 24 hours.
#Solana #SOL #China #CryptoNews #CryptoRegulation #Blockchain #Zimbuck
The People's Bank of China confirmed today that authorities halted Solana's 'Accelerate China 2026' event in Shanghai before it began, and will now investigate the companies and individuals behind the campaign.
The PBOC says Solana used a domestic company to run high-profile ads — including on the Citigroup Tower in Shanghai's Lujiazui financial district — and that promoting SOL violates China's February 2026 crypto rules.
SOL is trading near $90, down 7% in 24 hours.
#Solana #SOL #China #CryptoNews #CryptoRegulation #Blockchain #Zimbuck
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