China banned crypto trading years ago. The interest never really left. That is the core argument from Joseph Chee, Executive Chairman of Solana Co. Speaking at Korea Blockchain Week, he said China will find a way to regulate or manage crypto, even after years of some of the strictest rules anywhere. His point was not that Beijing is about to flip a switch. He suggested China may allow more crypto activity over time while keeping a firm grip on oversight. He was also clear that the process will take time. What Chee actually said Chee’s case rests on a simple observation. Investors, academics and developers in China have kept showing up for crypto, even under a regulatory regime built to discourage them. Beijing’s caution has not been random. Its concerns center on speculation and fraud. Chee’s argument is that management, not prohibition, may become the more practical path. One clarification matters here. Solana Co. is a treasury company focused on acquiring the SOL token. It is a separate entity from the Solana Foundation, the organization associated with the Solana blockchain itself. So Chee is speaking as an executive at a company with a direct stake in SOL. That does not make hi...
Solana Co. chairman says China will find a way to manage crypto
1 hour ago
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