G20 International Watchdog Says Regulators Need Better Crypto Risk Assessments

G20’s international watchdog, the Switzerland-based Financial Stability Board (FSB), said in its latest report that regulators need to improve their risk assessment strategies regarding financial activity in the crypto space, according to a report by Reuters on May 31.

The report noted that one potential risk assessment metric regulators could look at is banks’ and other financial entities’ degree of exposure to cryptocurrency.

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Crypto Critic Nouriel Roubini: Blockchain is ‘No Better Than an Excel Spreadsheet’

Nouriel Roubini, a notorious cryptocurrency critic, has stated that blockchain is “no better than an Excel spreadsheet” during a panel hosted by crypto exchange LaToken on Jan 25.

Roubini is also known for having predicted the 2008 financial crisis, earning him the moniker of Dr. Doom.

Speaking during a panel at the Blockchain Economic Forum in Davos,

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