[Solana, the main virtual currency issuance platform,’s high-profile “entering Shanghai” was urgently stopped. Response from the relevant departments of the People’s Bank of China] November 6th: Recently, Solana, the main virtual currency issuance platform, placed advertisements in Shanghai, which “sparked thousands of waves with one stone” in the cryptocurrency industry, triggering widespread discussion in the market. It is understood that Solana once planned to hold the "Solana Accelerate China 2026" offline exchange event in Shanghai and other places, but was ultimately stopped by the relevant authorities before the opening. The person in charge of the relevant department of the People's Bank of China stated that Solana is a major virtual currency issuance platform. The Solana coins it issues are essentially virtual currencies. At the same time, it also provides technical services for the issuance and transactions of major virtual currencies such as USDT. The above-mentioned businesses are illegal financial activities specified in the "Notice on Further Preventing and Disposal of Virtual Currency and Other Related Risks". Promoting and promoting Solana has violated the provisions of the "Notice". At this stage, virtual currencies cannot effectively meet the requirements for customer identification and anti-money laundering, and can easily trigger market speculation. The person in charge said that in the next step, the People's Bank of China will work with relevant departments and local governments to continue to crack down on domestic virtual currency-related business activities and maintain economic and financial order, focusing on domestic virtual currency traders and domestic related entities of overseas virtual currency issuance and trading platforms. (Financial Times)