CryptoUpdated November 8

China suspends Solana's offline event over alleged ad breach.

Solana Accelerate China 2026 was scheduled as an offline event in Shanghai and other locations. A People's Bank of China official says the central bank and local authorities have suspended it. According to the official, monitoring found advertisements in Shanghai's Lujiazui, placed through domestic entities to market virtual currency through brand promotion. The official said that activity violated a February circular on virtual-currency risks. Authorities also plan to investigate the entities and individuals involved, the official said.

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Coverage started November 6