COINTELEGRAPH · 2026-11-06 12:15 UTC

Solana's Shanghai event halted over unauthorized promotion: Report

Chinese authorities halted the Solana Accelerate event in Shanghai over alleged unauthorized promotion involving domestic entities, per state-backed Financial News citing an unnamed PBOC official. The official said Solana promoted its brand via domestic entities, including ads on a building in Shanghai's Lujiazui district, and claimed Solana's technical services support crypto issuance and trading, which he called illegal. It is the second reported disruption of a Solana event in mainland China in two years; an October 2025 Shenzhen event was also cut short over venue capacity and safety…

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