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Cryptocurrency in China: Central Bank Shake-Up Dims Hopes for Policy Reversal

Hopes that China’s anti-crypto stance could soon change have been crushed by the appointment of a known crypto-critic as the Communist Party’s top official at the People’s Bank of China (PBoC). According to a recent Wall...

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Cryptocurrency in China: Central Bank Shake-Up Dims Hopes for Policy Reversal
Hopes that China’s anti-crypto stance could soon change have been crushed by the appointment of a known crypto-critic as the Communist Party’s top official at the People’s Bank of China (PBoC).
According to a recent Wall Street Journal report, the Party’s new appointee to the Chinese central bank is Pan Gongsheng, the bank’s current deputy governor....
Read More: Cryptocurrency in China: Central Bank Shake-Up Dims Hopes for Policy Reversal

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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