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China Crypto Future: Solana Co. CEO Joseph Chee on Regulation

China crypto policy remains uncertain after Joseph Chee forecast tighter oversight, with no timeline or confirmed plan for mainland market access.

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Key points

  • Solana Co. CEO Joseph Chee said China will eventually "find a way to manage crypto," with Hong Kong likely remaining its main testing ground, according to WSJ.
  • Mainland authorities ordered domestic crypto exchanges closed and banned token fundraising in 2017, while Hong Kong has built a licensing framework for virtual-asset trading platforms.
  • The article notes Chee's remarks are a personal forecast made at Korea Blockchain Week, not Chinese policy or a formal Solana announcement.

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