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Solana Co.'s Joseph Chee Tells the Wall Street Journal: China Will Find a Way to Manage ...

Published

4 October 2026

Topic

regulatory

◆ Sectors

Crypto & Web3

◆ Geography

China

◆ Source

Read at 247wallst.com →

◆ Verified

Fusion42 · 4 October 2026 · Fusion42 review

Joseph Chee, executive chairman of Solana Co., predicts China will eventually regulate cryptocurrency and potentially reopen its market for crypto like Solana, but likely under strict conditions that limit individual access. While Hong Kong experiments with retail crypto licensing, mainland China's approach may allow institutional or licensed participants only, restricting wider retail inflows.

This Wire brief sits within Fusion42's coverage of Crypto & Web3, and 2 sources have reported it between 1 Oct 2026 and 4 Oct 2026.

◆ ◆ The Wire takeaway

China's likely guarded reopening of crypto trading shifts your market access paths; you need to focus on institutional or licensed-channel entry rather than retail. This change opens a door but keeps the floodgates closed, reshaping how you approach China as a target market.

◆ Coverage

2 sources · first reported 1 Oct 2026 · latest 4 Oct 2026

◆ Related on Wire

◆ Topics

Crypto & Web3chinacrypto-regulationsolanacryptocurrencymarket-access