Regulation· ★★★· neutral·

Binance Founder CZ Backs XRP, ZEC and SOL Amid China Crypto Controversy

  • —CZ named BTC, ETH, BNB, XRP, SOL, HYPE, ZEC, SIGN and stablecoins as assets he is bullish on
  • —Solana's Shanghai event was postponed on October 16 as attendees encountered law enforcement
  • —Solana's building advertisement in Shanghai was reportedly taken down within 10 minutes
  • —CZ denied that his X posts caused the removal of Solana's advertisement
Why it matters: A signal that China has not loosened crypto restrictions, despite Solana's push into Shanghai.
Source: U.Today