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European authorities warn investors of BitCoin

2018-02-13 10:00 am | Resource: News Section | No Views : 148

European authorities warn investors of BitCoin European authorities have warned investors against dealing in electronic currencies, stressing the risk of investing in them, following the collapse of the price of those currencies, especially the "Bitcoin", in the past two weeks.
The European Securities and Exchange Commission said in a statement on Monday that electronic currencies confirm day after day that it is just a bubble that will explode over time, and warned against trading.
She said that the blockchain is spreading beyond the financial transactions and reaches the trace of diamonds to remove the contaminated food from the shelves of stores, pointing out that trading will be the loss is his way, stressing that those who invested in electronic currencies in large amounts because of the mad increase at the end of the year The past, has lost everything with the beginning of this year and so far, because I suffer from those currencies at the moment.
The European Securities and Exchange Commission (SEC) is trying to close the door to investing in virtual currencies, and it is likely that the CMA's warning about these currencies and its observations about deregulation will be followed by serious moves towards smart regulation of the virtual currency market, Toby Lewis said.

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