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Crypto Assets a Great Concern, Says Ireland’s Central Bank Enforcer

Crypto Assets a Great Concern, Says Ireland’s Central Bank Enforcer



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7 Comments

  1. >Attention is also focused on the so-called ‘gamification’ of stock investing, which Rowland expects to become an issue for Europe soon.

    Always been a game, now it’s just more accessible to regular folks

  2. You could loose your whole investment

    This also goes for stocks and i bet you that bank trades stocks for it’s customers.

    Banks should stop claiming that volatility is a bad thing when it comes to crypto, for aslong as we live in a capitalistic world cash will flow into emerging markets and promising projects.

    Even looking at ETF’s if you invested into a MSCI World like ETF and held all those years you’re up alot regardless of the dips that happend throughout the years.

  3. tldr; Derville Rowland, Director General for Financial Conduct at Ireland’s Central Bank, has said that cryptocurrencies are “quite a speculative, unregulated investment”. She added that people should be “really aware they could lose the whole of that investment”. Rowland joins a host of central bankers who have raised the alarm on crypto investments. She will take over as chairwoman of the European Securities and Markets Authority’s investment management standing committee.{}

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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