Joseph Chee, CEO of Solana Co., expects China to eventually accommodate more crypto activity under close regulation. He made this forecast on the sidelines of Korea Blockchain Week in South Korea. China was once a major center for bitcoin trading and mining, but mainland authorities ordered domestic crypto exchanges to close and banned fundraising through new digital tokens in 2017. Hong Kong, which has developed a licensing framework for virtual-asset trading platforms, offers a regional example of formal crypto oversight. Market observers note that this is a personal view and not a confirmed Solana announcement or established Chinese policy.
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