South China Morning Post · General

Chinese central bank’s pledge to probe Solana snuffs out hopes crypto crackdown is easing

· By Xinmei Shen
Story summary

A pledge by China’s central bank to investigate Solana’s recent campaigns in mainland China has extinguished hopes that a crackdown on cryptocurrencies will be eased and underscored Beijing’s unyielding hostility towards foreign public blockchains. The People’s Bank of China (PBOC) had halted recent offline events S…

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