According to a new report by the Wall Street Journal, Chinese leaders named central bank deputy governor Pan Gongsheng as the People’s Bank of China (PBOC) party secretary, the top Communist Party post. Pan is also in charge of the Leading Group of Internet Financial Risks Remediation, a group that is “clamping down on the use of cryptocurrency and regulating financial-technology companies in China.” More info: https://tinyurl.com/2rrxmy7n