FameEX Morning Crypto News Recap | November 9, 2023

Nouriel Roubini's Company Ventures into Cryptocurrency Despite Previous Opposition: Dr. Doom's Surprising Turnaround

Nouriel Roubini, a vocal crypto critic, faces backlash as his company, Atlas Capital, launches a crypto token aimed at addressing climate change impacts. This move contradicts Roubini's previous harsh criticisms of cryptocurrencies and enthusiasts, whom he had labeled as "corrupt" and worse.

Head of BIS Advocates Central Bank Digital Currencies (CBDCs) and Highlights Cryptocurrency's Spotlight on Flawed Financial Systems

Agustín Carstens, the head of the Bank for International Settlements (BIS), delivered a speech in Basel, Switzerland, where he emphasized the pivotal role of central bank digital currencies (CBDCs) in the future financial landscape. He highlighted their potential to drive innovation and fulfill the public's evolving financial expectations.

Hong Kong Contemplates Permitting Trading of Spot Crypto Exchange-Traded Funds (ETFs)

Hong Kong is exploring the possibility of permitting spot cryptocurrency exchange-traded funds (ETFs) as long as the associated risks are adequately managed. Julia Leung, CEO of the Hong Kong Securities and Exchange Commission, affirmed the organization's commitment to maintaining a consistent approach to various asset classes during a recent interview.

Visa Unveils Worldwide AI Advisory Practice Centered on Generative Systems

Visa has unveiled a global AI advisory practice under Visa Consulting & Analytics (VCA) to offer actionable insights and recommendations for clients to harness the potential of AI, particularly generative AI. This initiative, announced on November 8, aims to empower clients in leveraging artificial intelligence effectively.