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

Prominent economist and crypto critic Nouriel Roubini reiterated his anti-crypto stance, arguing that the tech has “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 […]

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UN Panel Says North Korea Obtained $670 Million in Crypto and Fiat via Hacking: Report

A U.N. Security Council report states that North Korean hackers obtained $670 million in crypto and foreign fiat from 2015 to 2018 North Korea has reportedly amassed $670 million in fiat and cryptocurrencies by conducting hacking attacks, Asia-focused financial newspaper Nikkei Asian Review reports on Friday, March 8. The publication cites a U.N. Security Council […]

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Japan: Crypto Industry Trade Group JCBA Issues Guidelines for ICO Regulation

A Japanese crypto industry association has proposed recommendations on ICO regulation In order to promote domestic blockchain and  cryptocurrency-related businesses, the Japan Cryptocurrency Business Association (JCBA) has published its “Recommendations on New ICO Regulation” on Friday, March 8. The recommendations on Initial Coin Offerings (ICOs) regulations issued by the JCBA — a local industry trade […]

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Smart Contract Firm Quantstamp Reveals Investment From Financial Giant Nomura

U.S. smart contract security company Quantstamp announces its extension to Japan following an investment from local financial giant Nomura. United States smart contract security company Quantstamp has announced its expansion to Japan following an investment from local financial giant Nomura Holdings. The news was revealed in a press release from Quantstamp published on March 6. […]

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Australia: Financial Regulator Suspends Two Crypto Exchanges in Drug Trafficking Case

Australia’s financial watchdog has shut down the operations of two crypto exchanges in connection with a drug trafficking case. The Australian anti-money laundering watchdog has suspended the registrations of two cryptocurrency exchanges in connection with a drug trafficking case, the agency announced in a press release on Friday, March 8.   The Australian Transaction Reports […]

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