Solana's Shanghai event has reportedly been halted after an unidentified People's Bank of China official told Financial News that promotional campaigns run through domestic entities may have breached China's rules on crypto-related activity. The official's remarks suggest the marketing was not authorized, and the report frames the stoppage as a regulatory response to those alleged violations. Details about the organizers and the scope of the restrictions were not specified in the report.

Cross-border crypto marketing remains a sensitive area in China, so it's a useful reminder of how local rules can shape where and how blockchain projects get to promote themselves. $SOL

Source: https://cointelegraph.com/news/solana-shanghai-event-halted-unauthorized-promotion

#Riopay #Crypto #CryptoNews #Binance