A senior official at the UK’s primary financial watchdog has called for caution among the public when it comes to trading or investing in digital currencies like bitcoin.
Chris Woolard, executive director of strategy and competition at the UK’s Financial Conduct Authority (FCA) was speaking at a blockchain event last week when he spoke about digital currencies. As reported by Financial News London, Woolard specifically underlined the significant gains made by the likes of bitcoin in recent times. Bitcoin hit an all-time high of $3,000 last week. The regulator underlined digital currencies’ volatility, referring to bitcoin’s value being less than a third of the all-time high in June last year.
I wouldn't trust regulators in my country their job is to protect the insiders and take advantage and steal from the people and give to those who pay the regulators.
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this is interesting indeed. bitcoin will continue to rise :D following you follow me back?
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