China’s central bank says Solana’s Shanghai event was stopped over illegal crypto promotion

The People’s Bank of China (PBOC) has responded that it disrupted Solana’s mid-October event in Shanghai because of the illegal virtual currency marketing red flags raised by the event’s promoters. The PBOC official, quoted by Financial News (Jinrong Shibao), a news outlet run by the central bank, also noted that the firms and individuals behind...