Bitcoin’s Worst Nightmare? Crypto Skeptic To Lead China’s Central Bank

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Benzinga

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. Pan will be stepping into the shoes of the outgoing Yi Gang, having previously served as the deputy governor at China’s central bank. With a substantial background in the financial sector, Pan joined the PBOC in 2012. He was also at th…

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