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Chase Squires Transamerica Feb. Every investor is different, and no one knows what the future holds for digital currencies, but authorities from Asia to FINRA the Financial Industry Regulatory Agency want everyone to know cryptocurrency investing can be volatile and risky.
This place is full of vultures, vultures everywhere, everywhere. While these contracts may be traded on regulated exchanges and may be cleared by regulated central counterparties, the fact remains that their high level of risk will not be suitable for all types of investors. Combined with a high risk of fraud, investing in cryptocurrencies is not for the faint of heart.
Israel is considering a ban on trading bitcoin, and the South Korean government in December sent valuations tumbling by announcing it was considering shuttering at least some exchanges. There are more than a thousand. FINRA also issued an investor alert about scam pump-and-dump stock schemes involving cryptocurrency. The Securities and Exchange Commission issued its own investor alert. But when has a rapidly rising investment where seemingly everyone was making money ever gone wrong?
Consumer Fraud Protection Bureau: Chase Squires Transamerica May 25, Chase Squires Transamerica May 02, Everplans May 02, Should you be paying attention?
Government officials and bankers around the world have voiced concerns about cryptocurrencies. Fear of Missing Out. Your subscription wasn't successful. Please try again later. Please enter a valid email address. Please enter a valid first name. Please enter a valid last name.