SOLANA WANTS TO ENTER CHINA — CZ SUDDENLY RAISES QUESTIONS! 🇨🇳
Solana Foundation President Lily Liu announced the first capital markets summit in Shanghai, bringing together asset allocators and developers from China and various international markets.
But things quickly heated up when the Solana Accelerate China event was postponed at the last minute. CZ then publicly questioned whether the Solana team truly understood China’s regulations.
What’s notable is that China continues to promote blockchain adoption within permitted frameworks, while crypto-related business activities remain subject to strict restrictions.
This isn’t just a contest between blockchains. It’s also a test of how well they can adapt to the rules of each market.
Solana may be able to build global technology, but technology alone may not be enough to expand in China.
Do you think this was just an organizational mistake, or a bigger lesson for the entire crypto industry?
#Solana #SOL #CZ #Crypto #Blockchain
Solana Foundation President Lily Liu announced the first capital markets summit in Shanghai, bringing together asset allocators and developers from China and various international markets.
But things quickly heated up when the Solana Accelerate China event was postponed at the last minute. CZ then publicly questioned whether the Solana team truly understood China’s regulations.
What’s notable is that China continues to promote blockchain adoption within permitted frameworks, while crypto-related business activities remain subject to strict restrictions.
This isn’t just a contest between blockchains. It’s also a test of how well they can adapt to the rules of each market.
Solana may be able to build global technology, but technology alone may not be enough to expand in China.
Do you think this was just an organizational mistake, or a bigger lesson for the entire crypto industry?
#Solana #SOL #CZ #Crypto #Blockchain