CZ Asks If Solana Knew China’s Rules After Its Shanghai Event Stalls
Organizers postponed the Solana Shanghai occasion on Friday morning after a number of legislation enforcement officers saved friends exterior the Shangri-La Hotel, attendees mentioned. The official e mail cited venue logistics.
The delay got here solely two days after the Solana Foundation confirmed off a brand new Shanghai workplace. Mainland China has banned crypto buying and selling since 2021, though blockchain expertise itself stays authorized.
Officers on the Door Stall the Solana Shanghai Event
Several officers guarded the lodge entrance, based on an attendee on X. Guests waited exterior for greater than an hour, and this system didn’t begin.
In a later email to registered friends, the Solana Accelerate China workforce blamed venue logistics for suspending the morning agenda.
The workforce apologized for the brief discover and mentioned it will contact attendees instantly as soon as it confirms a brand new schedule. The e mail made no point out of the officers.
CZ Calls It a Repeat, Not a One-Off
Binance founder Changpeng Zhao (CZ) known as it “unhappy to see” on X. He requested whether or not organizers actually didn’t know the native insurance policies and added that the identical factor occurred lower than a yr in the past.
Days earlier, he had welcomed Solana’s new Shanghai office as a win for the entire business. He additionally famous that BNB Chain had not taken the same step up to now.
CZ pointed to Solana Accelerate APAC in Shenzhen in October 2025. Local police made an on-site inquiry there, and organizers lower the ultimate hackathon session, citing overcrowding.
That makes the Solana Shanghai occasion the second Solana gathering in China disrupted inside a yr.
Meanwhile, a February joint notice banned unauthorized yuan-pegged stablecoins and reaffirmed the blanket crypto prohibition.
At the identical time, the state is constructing a national blockchain network of its personal, with no position for tokens.
That places Solana’s China push in a clumsy spot. Coinbase faces the same grey zone after reportedly opening simpler access for mainland users.
CZ’s query now hangs over the remainder of the sequence, which additionally consists of stops in Hangzhou, Shenzhen, and Beijing. For overseas crypto companies, the Solana Shanghai occasion is a reminder to test native guidelines first.
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