From the Solana Tsinghua University lecture to the police clearing the Shenzhen event, the People's Bank of China reiterates its strict enforcement against virtual assets.

Last week, Lily Liu, the chair of the Solana Foundation, visited Tsinghua University’s Wudaokou School of Finance in Beijing, introducing Solana in Chinese, and took the stage at the Shanghai Blockchain Week. Many believe that China is gradually opening up to Crypto Assets. However, yesterday, the governor of the People's Bank of China clearly stated that it will continue to impose strict controls on virtual assets, and today, the event for Solana in Shenzhen was cleared by local police.

Solana, under the guise of academic exchange, has made its way to Tsinghua University's Wudaokou School of Finance.

According to reports, Lily Liu, the chairman of the Solana Foundation, shared content about Solana's high performance, RWA, real-world use cases, etc., at Tsinghua University's Wudaokou School of Finance in Beijing under the guise of academic exchange. At that time, there were no reports of police concerns, so many regarded this as a signal of China's gradual openness to Crypto Assets.

The governor of the People's Bank of China reiterated a tough stance on virtual assets.

However, the Governor of the People's Bank of China, Pan Gongsheng, emphasized at the “Beijing Financial Street” forum on (27 that the policy of high-pressure control over virtual assets will continue. Since 2017, multiple policy documents regarding domestic virtual currency trading speculation are still effective, and the next step will be to continue to crack down on domestic virtual currency operations and speculation activities in collaboration with law enforcement agencies to maintain financial order.

Solana Shenzhen event was cleared by the police, Wu said editor-in-chief: mainland practitioners should be low-key.

The Solana Accelerate APAC event held today in Shenzhen has reportedly drawn police attention. Unlike most previous events where police just came to understand the details, this time the local police cleared the event venue. Given the sensitive timing, it may indicate that authorities are tightening the enforcement measures regarding Crypto Assets.

Colin Wu, the editor-in-chief, explained that it was understood that the event had drawn too much attention, and many people showed up without registering. Those who were denied entry reported the event, which led to police intervention. However, he also warned that doing this in mainland China is very risky, and given the clear stance of the central bank, he suggested that practitioners in the mainland should remain low-key for the time being.

This article discusses the Solana lecture at National Tsing Hua University and the Shenzhen event being cleared by the police, as the People's Bank of China reiterates its strict enforcement against virtual assets, first appearing in Chain News ABMedia.