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Altcoins & DeFi

Solana event in China canceled, CZ questions organizers

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The Solana Foundation’s Accelerate China 2026 event in Shanghai has been abruptly suspended on October 16, leaving registered attendees outside the venue for more than an hour as reports emerged of law enforcement officers at the location. Organizers informed participants that the morning program had been postponed because of venue logistics, according to an event notice reported Friday. Some attendees said they waited approximately 90 minutes without gaining entry, while a separate account described eight or nine officers stationed at the Shangri-La Hotel. The disruption occurred on the opening day of Solana’s planned four-city tour across mainland China. Binance co-founder Changpeng Zhao, known as CZ, questioned whether the organizers understood the country’s cryptocurrency regulations after learning about the incident.

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