Tag Archives: Risks

China’s Central Television Warns of the Risks of Cryptocurrency OTC Trade

Regulation Ever felt curious how Chinese trade cryptocurrency exchanges are closed? Last Saturday November 11, China’s Central Television (CCTV-13) aired a program about bitcoin over the counter trading in the country. Also Read: China Monitors Booming OTC Bitcoin Market After Shutting Down Exchanges OTC Bitcoin Commercials Clustering Wechat Groups The program reveals that […]

FCA Highlights Risks Of Cryptocurrency CFDs

November 14, 2017 9:37 PM Cryptocurrency “contracts for differences” are the latest product to vex the UK’s financial regulator. High leverage, price volatility, and varied fee structures make cryptocurrency CFDs “extremely high-risk, speculative products,” cautioned the FCA. On November 14, 2017, the United Kingdom’s Financial Conduct Authority issued a consumer warning about the risks of […]

Before You Buy Bitcoin, Know These Cryptocurrency Investment Risks | Stock News & Stock Market Analysis

Many investors are asking: Should I buy Bitcoins or other cryptocurrencies? And if not, why? XAutoplay: On | OffBitcoin, the leading digital money, has risen 700% this year to as high as $7,146, and is up 3,500% since a low in January 2015. Nearly every day Bitcoin and other cryptos are making headlines. Some experts call […]

Bitcoin broke through $5,000—but there’s major risks ahead

Bitcoin is on an amazing bull run. The cryptocurrency easily surpassed $5,000 per coin and is currently trading at about $5,500—and many are wondering why.  The cryptocurrency’s main issues haven’t been resolved. Despite the recent upgrade, it’s still too slow to be a dependable payment platform, and the people running the show remain sharply divided […]

Slovenia’s Financial Watchdog Warns of Cryptocurrency, ICO ‘Risks’

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Slovenia’s financial watchdog has issued a warning to retail investors in cryptocurrencies like bitcoin alongside a caution to ICO participants in the country. The Financial Stability Board, a macro-prudential authority comprising of a number of supervisory authorities including Slovenia’s central bank, finance […]

Russian President voices concerns about cryptocurrency risks

There is no legally responsible entity behind cryptocurrencies and, in the case of problems, there is no one to protect investors, Russia’s President Vladimir Putin warned. Vladimir Putin, President of the Russian Federation, has added his voice to the chorus of warnings concerning the risks associated with cryptocurrencies. During a meeting with government officials, Central Bank […]

Vladimir Putin: Cryptocurrency Poses ‘Serious Risks’

Russian president Vladimir Putin said in a meeting today that cryptocurrencies pose significant risks related fraud and money laundering. Quoted by Russian state news service TASS, Putin was speaking during a meeting that was focused on the subject of cryptocurrencies and financial tech more broadly. In the meeting, he formally voiced his support for new […]

Eminem songs, Bitcoin are hyped investments, but what are the risks?

CLOSE Take a look at the Rochester Hills home being sold by rap star Eminem. Elissa Robinson/DFP Eminem at the Palace of Auburn Hills, Oct. 29, 2000. Photo by Amy E. Powers/Special to the Free Press.(Photo: Amy E. Powers, Special to the Free Presss) Daring to dream big is part of the deal these days […]

Too soon to determine risks of central bank-issued cryptocurrencies: BIS

By Jemima Kelly LONDON (Reuters) – It is too soon to determine whether central banks should issue their own cryptocurrencies, the Bank for International Settlements said on Sunday, as the risks could not yet be fully assessed and the technology underpinning them is still unproven. Central banks already use electronic money – only a very […]

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