China's Central Bank to Investigate Solanas Advertising Campaign in Shanghai Lujiazui District An official from the People's Bank of China (PBOC) said authorities recently discovered that Solanas ran advertisements in Shanghai's Lujiazui financial district through local entities, using brand promotion to market cryptocurrencies. The PBOC, together with local financial regulators, police and market supervision authorities, has suspended Solana Accelerate China 2026 events planned in Shanghai and other cities and will investigate the entities and individuals involved. The official stated that Solnas' promotional activities violated the announcement issued by eight Chinese authorities in February 2026 on preventing and addressing risks related to cryptocurrencies. The PBOC will continue to target domestic cryptocurrency trading businesses and China's outsourcing of overseas cryptocurrency issuances and trading platforms.- Link.