cryptocurrencies

New young investors taking on big risks like cryptocurrencies and foreign exchange, regulator finds

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New young investors take on big risks by putting their money into cryptocurrencies and foreign exchange, regulator finds The Financial Conduct Authority said young investors use social media for tips Thrills, social status and gut instinct are motivating their investing decisions The regulator commissioned research looking into ‘self-directed’ investors By Jack Newman For Mailonline Published: … Read more

Watchdog warns why Bitcoin and other  cryptocurrencies are a risk

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‘Only invest money you can afford to lose’: Watchdog warns why Bitcoin and other cryptocurrencies are a risk after price plummets 21% in two days Despite high prices, cryptoassets are not linked to any underlying commodity  They largely fall outside financial regulation and prices are volatile  The FCA has launched an anti-money laundering register for … Read more

How and where to buy & sell cryptocurrencies like bitcoin

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Back in 2018, This is Money received an e-mail from a reader which started: ‘You need to have a section dedicated to crypto technology and currencies. ‘This is now a market exploding with ICOs, new currencies daily, technological advancements and a market worth over $550billion. ‘The technology is the biggest technological leap since the founding … Read more