A post by @FirstSquawk on X.
China Maintains Crypto Crackdown as Central Bank Vows to Probe Solana - SCMP
@FirstSquawk on X
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China’s central bank is maintaining its crypto crackdown while pledging to investigate Solana, according to SCMP. The move signals continued regulatory scrutiny of crypto activity in China despite the sector’s global growth. Solana’s SOL token is now in focus as investors await details on the scope and rationale of the probe. The article did not disclose specific price, TVL, volume, market-cap or funding figures. What to watch next is whether the central bank’s review leads to new restrictions or clearer guidance for Solana-related activity in China.
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China, Solana (SOL), People's Bank of China, SCMP
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