Solana event cut short as China’s stablecoin warning sparks unease

Solana Event Disrupted in China

A Solana-themed event in southern China was cut short after a local police inquiry, sparking concerns in the country's cryptocurrency community.

Organisers attributed the disruption to overcapacity, but some industry players fear a renewed crackdown on cryptocurrencies amid new warnings from Beijing about stablecoin risks.

The Solana blockchain's Chinese community said on its official social media account that the Solana Accelerate APAC event in Shenzhen was "exceptionally popular" and attendance far exceeded expectations.

A few attendees who were denied entry reported the event, leading local police to conduct an inquiry on site. Author's summary: Solana event cut short in China amid cryptocurrency concerns.

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South China Morning Post South China Morning Post — 2025-10-29

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