Solana’s Shanghai event halted over unauthorized promotion: Report
Summary
An event organized for Solana in Shanghai was reportedly stopped because local promotional activities allegedly breached national cryptocurrency regulations. According to a central bank official speaking to state media, domestic entities carried out unauthorized campaigns that went against the country's strict digital asset rules.
Solana’s promotional campaigns through domestic entities allegedly violated China’s crypto-related restrictions, an unidentified PBOC official told China’s Financial News.
Source: Read the full story at Cointelegraph.com News
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.