Nouriel Roubini: ‘Cryptocurrency as a Technology Has Absolutely No Basis for Success’

Economist and notorious cryptocurrency critic Nouriel Roubini has claimed that crypto “as a technology has absolutely no basis for success.” Roubini delivered his new anti-crypto arguments in an interview with the CFA Institute on March 6. In conversation with the…

South Korea Establishes Special Task Force to Prevent Cryptocurrency-Related Crimes

The South Korean Supreme Prosecutors’ Office (SPO) has announced the establishment of a task force to fight cryptocurrency-related fraud and crimes. The development was reported by the Korean Broadcasting System (KBS), one of the largest national public broadcasters, in an…

Irish Gov’t Approves Anti-Money Laundering Bill Affecting Cryptocurrency

The Cabinet, the executive organ of the government of Ireland, has approved a bill that would give effect to the European Union (EU) Fifth Anti-Money Laundering (AML) Directive, the Irish Times reported Jan. 3. The directive — which came into…

Japanese Financial Regulator Receives 190 Cryptocurrency Exchange License Applications

The Japanese Financial Services Agency (FSA) received 190 cryptocurrency exchange license applications, an unnamed FSA staff member told Cointelegraph Japan on Dec. 28. The FSA has given the local crypto industry self-regulatory status, certifying the Japanese Virtual Currency Exchange Association…

Updated Morgan Stanley Report Hails Cryptocurrency as ‘New Institutional Investment Class’

Bitcoin and altcoins has been a “new institutional investment class” since 2017, U.S. multinational investment bank and financial services company Morgan Stanley claims in a new report released Oct. 31. The document, titled “Bitcoin Decrypted: A Brief Teach-In and Implications,”…

Smart Banking Ecosystem to Shield Consumers From Volatility in Cryptocurrency Prices

A new smart banking ecosystem based on blockchain technology is offering an all-in-one platform for managing cryptocurrencies, fiat money and stocks — and hopes to make crypto payments practical and widespread. Platio believes that, eventually, all financial assets are going…

What the Foreshadow Flaw Means for the Future of Cryptocurrency

UPDATE (16th August 19:11 BST): Updated to include an emailed statement from cryptocurrency startup Enigma. Yet another dire security flaw was unveiled Tuesday with potential ripple effects across the tech world, including for cryptocurrency projects seeking to leverage certain hardware…