Solana’s Shanghai Event Postponed Due to Overwhelming Registration
- The Solana Accelerate event in Shanghai was postponed after pre-registration quadrupled overnight.
- Local authorities set a cap on event attendance, which was exceeded following publicity.
- Lily Liu, president of the Solana Foundation, confirmed the postponement to comply with local requirements.
- Law enforcement was reported at the venue prior to the decision to suspend the event.
- This follows a similar incident in October where a Solana event in Shenzhen faced capacity and safety concerns.
The Shanghai event was part of a four-city tour for Solana, which also included stops in Hangzhou, Shenzhen, and Beijing. China maintains strict regulations against various crypto-related activities, including fundraising and trading.
The registration surge led to the postponement of the event aimed at promoting Solana’s initiatives in China, highlighting ongoing regulatory challenges within the region. (Source)
