EconomyChina central bank’s Solana probe pledge dashes hopes of easing crypto crackdown

China’s central bank said it would investigate Solana’s recent campaigns in mainland China, ending hopes that the cryptocurrency crackdown might ease and highlighting Beijing’s hostility toward foreign public blockchains. The PBOC had stopped planned offline events and would investigate the entities and individuals involved, state-backed Financial News reported Friday.

ChinaPeople’s Bank of ChinaSolanacryptocurrency regulation

SSouth China Morning Post★★★☆☆2026-11-09 06:00Original