People’s Bank of China shuts down Solana’s Shanghai event, launches probe into tour

The People’s Bank of China, in cooperation with Shanghai police, conducted an enforcement action targeting Solana Accelerate China 2026, a four-day promotional tour by the Solana Foundation. Authorities intervened to block a series of events planned in Shanghai and initiated an investigation into local contractors who supported the blockchain project’s logistics and public relations efforts. Event organizers attempted to frame the tour as an initiative focused on technologies such as artificial intelligence, robotics, and IT development, deliberately avoiding direct mention of cryptocurrencies in its external messaging. The four-day tour itinerary included stops in Shanghai, Hangzhou, Shenzhen, and Beijing. Despite these efforts, the campaign drew immediate scrutiny from local authorities, and reactions escalated quickly.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinTurk News.