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December 8, 2021
Finance Technologies

FCA warns crypto investors could “lose all their money” after Bitcoin dips again

The Financial Conduct Authority (FCA) has issued a warning to cryptocurrency investors following another post-weekend dip in Bitcoin’s ever-climbing value. The UK regulator says consumers who invest in crypto assets “should be prepared to lose all their money” due to their “significant price volatility”. “Operating without a registration is a criminal offence,” the FCA reminds the fintech industry “Too good to be true” The FCA says firms which offer these sorts of investments are “taking very high risks with investors’ money”. “Consumers should be wary if they’re contacted out of the blue, pressured to invest quickly or promised returns that…
FCA warns crypto investors could “lose all their money” after Bitcoin dips again

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