Tag: Bitcoin warning

December 19, 2017 BY Valentina Kirilova

MAS cautions against investments in cryptocurrencies

The Monetary Authority of Singapore (MAS) advised the public to act with extreme caution and understand the significant risks they take on if they choose to invest in cryptocurrencies. MAS is concerned that members of the public may be attracted to invest in cryptocurrencies, such as Bitcoin, due to the recent escalation in their prices.…

Read more
bitcoin perception
December 05, 2017 BY Valentina Kirilova

Buying Bitcoin: AMF and the ACPR issue a warning

In view of the rapid appreciation in value of Bitcoin in recent weeks and its volatility, the Autorité des marchés financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) have reminded of the risks associated with investing in these speculative assets. Bitcoin is one of the speculative assets, sometimes wrongly referred to…

Read more
March 18, 2014 BY Andrew Saks-McLeod

Caveat Emptor! CySec Points Out Dangers Of Bitcoin Trading

Whilst virtual currencies have polarized the opinions of governments worldwide, CySec takes a conservative view, today issuing a warning to potential bitcoin traders Less than one day subsequent to the Singaporean financial markets regulatory authority having made its intention to regulate virtual currency intermediaries public, the ubiquitous Cypriot regulator, which operates in an island with…

Read more