China halts Solana Shanghai event and opens investigation into local partners

Community Trust Score Verified 91 % Real Verified 45 votes Updated 2 hours ago The People’s Bank of China (PBOC) opened an investigation into the companies and individuals behind Solana’s activities in China, confirming on November 6 that authorities stopped the Solana Accelerate China 2026 event in Shanghai before it began. The PBOC communicated its findings through Financial News, a newspaper operated by the central bank. An unnamed department head provided an exclusive interview to the publication, stating that monitoring revealed Solana had used a domestic company to run high-profile advertisements for its brand and coin.

Also reported by The Cryptonomist, Crypto Economy.

Source: The Currency Analytics