PBOC Halts Solana Shanghai Event, Vows Probe of Organizers

The significance here is less about Solana specifically than about enforcement mechanics: a central bank stopping an event before it starts, and framing the target as promotion of virtual currency under an existing multi-department notice, signals scrutiny is extending to offline marketing and venue advertising in financial districts. The mention of Solana's role in USDT issuance and trading ties the case to stablecoin infrastructure, which is where the regulatory logic points. What to watch is whether the probe names organizers or sponsors, and whether the advertising dimension draws in venue and landlord-side compliance questions.