CHINA INVESTIGATES SOLANA
PBOC is now hunting down entities promoting $SOL in Shanghai. This isn't just a crackdown on trading anymore—they're going after the marketing and infrastructure.
What happened:
▶️ $SOL ads ran on Citigroup Tower in Shanghai
▶️ Solana Accelerate China 2026 events got shut down
▶️ Companies and individuals involved are under investigation
$SOL/USDT tanked nearly 9% on the news.
China's playbook is evolving. They're not just banning exchanges—they're targeting visibility, events, and anyone building crypto presence on the ground. If you're bullish on $SOL, this is a new regulatory risk layer to price in.
PBOC is now hunting down entities promoting $SOL in Shanghai. This isn't just a crackdown on trading anymore—they're going after the marketing and infrastructure.
What happened:
▶️ $SOL ads ran on Citigroup Tower in Shanghai
▶️ Solana Accelerate China 2026 events got shut down
▶️ Companies and individuals involved are under investigation
$SOL/USDT tanked nearly 9% on the news.
China's playbook is evolving. They're not just banning exchanges—they're targeting visibility, events, and anyone building crypto presence on the ground. If you're bullish on $SOL, this is a new regulatory risk layer to price in.