China’s Central Bank Launches Inquiry into Solana Marketing
Photo: Coinfomania
The People's Bank of China investigates Solana's marketing in Shanghai. This may signal increased scrutiny of crypto promotions. The People’s Bank of China (PBOC) is investigating Solana for placing advertisements in Shanghai’s Lujiazui financial district. This campaign, conducted through local entities, has raised regulatory concerns, leading to the halt of the planned Solana Accelerate China 2026 events. As cryptocurrency regulations tighten, the implications for Solana’s operations in China could be significant, impacting its presence in the region. source The PBOC’s inquiry stems from Solana’s promotional activities, which allegedly violated guidelines set by several Chinese authorities aimed at preventing crypto risks.
Source: Coinfomania
