Solana opens Shanghai office despite China's crypto restrictions
Its flashy new premises have surprised some in the crypto sector, since businesses like it face bans on the mainland.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
This story is no longer being updated. It reflects reporting up to .
What happened
Solana has opened a showy new office in Shanghai. Such crypto businesses face bans in China, which has amazed some in the industry. Reports also mention a response from CZ via BNB, without giving details.
Why it matters
The office has left parts of the crypto industry asking how it was possible. It also puts China's crypto restrictions back in the spotlight.
Timeline
- Oct 15, 7:18 AM ET: Solana's opening of an office in Shanghai drew attention despite China's strict crypto restrictions.
- Oct 15, 11:00 PM ET: Some in the crypto industry questioned how the office could open, given that such businesses are banned in China.
Coverage
- As Solana opens a splashy China office, the crypto world asks how? (South China Morning Post)
- While Cryptocurrency Bans Continue, This Altcoin Becomes a Hot Topic in China! CZ Responds via BNB! (cryptonews.net)
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