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Murtuza Merchant

China’s Leading Central Bank Official Critical Of Cryptocurrencies Appointed To Top Position

Pan Gongsheng China Bitcoin Crypto the Communist Party of China

Pan Gongsheng, a well-known critic of Bitcoin (CRYPTO: BTC), Ether (CRYPTO: ETH) and other cryptocurrencies, has been appointed as the leading official of the People's Bank of China (PBOC) by the Communist Party of China. PHOTO BY LINTAO ZHANG/GETTY IMAGES

Pan Gongsheng, a well-known critic of Bitcoin (CRYPTO: BTC), Ether (CRYPTO: ETH) and other cryptocurrencies, has been appointed as the leading official of the People’s Bank of China (PBOC) by the Communist Party of China.

What Happened: Quoting a Wall Street Journal report, The Block reported that he is likely to ascend to the position of governor in due course.

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