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Stiglitz, Roubini and Rogoff lead joint attack on bitcoin

The three respected economists have renewed their assault on the cryptocurrency

A Bitcoin ATM machine in Wan Chai, Hong Kong
A Bitcoin ATM machine in Wan Chai, Hong Kong Photo: Getty Images

Three of the world’s most respected economists have led a joint attack on bitcoin, claiming the digital currency will be “regulated into oblivion” as governments globally move to clamp down on money laundering.  

Joseph Stiglitz, Nouriel Roubini and Kenneth Rogoff have renewed their assault on the cryptocurrency believing it will be subject to further sharp and damaging falls as authorities crack down on criminals using bitcoin to launder money and avoid taxes.

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