China's Central Bank Warns Solana Promotions Violate Domestic Crypto Rules

The People's Bank of China has reportedly warned that promotional activities involving Solana $SOL and related cryptocurrency services violate domestic regulations.
The central bank also indicated that authorities would investigate Chinese entities connected to overseas cryptocurrency issuance and trading platforms. The warning reflects China's continued restrictions on cryptocurrency trading and associated commercial activities.
The statement focuses on activities involving domestic entities rather than establishing a technical restriction on the Solana blockchain itself.
For crypto businesses with connections to mainland China, the development underscores the legal risks associated with marketing tokens or facilitating access to offshore trading services.