CHINA REPORTEDLY SHUTS DOWN SOLANA EVENT IN SHANGHAI! 🇨🇳

A Solana event in Shanghai was canceled just before opening last month.

China’s central bank (PBOC) reportedly confirmed it had contacted local authorities to stop the event after $SOL advertisements appeared on the exterior of Shanghai’s Citigroup building.

The promotion was reportedly considered a violation of China’s crypto advertising restrictions.
Authorities also plan to investigate domestic crypto businesses and local intermediaries linked to overseas platforms.

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