Yes, PBOC-linked reports say Solana Accelerate China 2026 in Shanghai was halted by authorities before opening and involved firms and individuals will be investigated.

Yes, PBOC-linked reports say Solana Accelerate China 2026 in Shanghai was halted by authorities before opening and involved firms and individuals will be investigated.

A People's Bank of China department official, quoted via Financial Times and relayed by Odaily and PANews on Nov 6, 2026, said Solana advertised on Citigroup Tower in Lujiazui through a domestic entity as crypto marketing. PBOC with local financial, police and market regulators stopped the event.

The claim is that SOL is essentially a virtual currency and Solana also supports USDT issuance and trading, so promotion violates the February eight-department notice. Next focus is domestic dealers and domestic affiliates of overseas platforms.

That replaces the Oct 16 organizer account. Attendees reported on Oct 16 the morning event was abruptly cancelled with entry blocked, with an apology email around noon. The new PBOC account frames it as a regulatory ban violation, not a venue overbooking incident.