The UK Financial Conduct Authority (FCA) issued a consumer warning about the risks of investing in cryptocurrency today. But it wasn't scaremongering, instead, it was an acknowledgment of the risks that do exist in the industry.
In its warning, the FCA listed five main risks and concerns associated with "high-return investments based on cryptoassets," including consumer protection, price volatility, product complexity, charges and fees, and marketing materials.
Copying/Pasting full or partial texts with adding very little original content are frowned upon by the community. Repeated copy/paste posts could be considered spam. Spam is discouraged by the community and may result in the account being Blacklisted.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit