Binance CEO Blasts Dr Doom's New Token As 'Shameless' Amidst Bitcoin Critic's U-Turn
Portfolio Pulse from Mehab Qureshi
Economist Nouriel Roubini, known for his criticism of cryptocurrencies, has launched his own stablecoin, the Atlas Climate Token (ACT). The move has been criticized by Binance CEO Changpeng Zhao, who accused Roubini of using the Binance logo without permission. ACT is designed to be pegged to a portfolio of real-world assets, and Atlas is in discussions with top-tier ETF issuers and distributors for the launch of an ETF.

November 09, 2023 | 4:58 am
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Bitcoin's price may be influenced by the controversy surrounding the launch of the Atlas Climate Token, a new stablecoin by economist Nouriel Roubini.
The controversy surrounding the launch of the Atlas Climate Token by Nouriel Roubini, a known critic of cryptocurrencies, could potentially influence investor sentiment towards cryptocurrencies, including Bitcoin. However, the direct impact on Bitcoin's price is uncertain.
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