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EU Regulators Warn Again About Crypto Investment Risks!

EU Regulators Warn Again About Crypto Investment Risks! ; EU Regulators Warn Again About Crypto Investment Risks!

EU Regulators Warn Again About Crypto Investment Risks!
Yazar: Zack Smith

Yayınlanma: 18 Mart 2021 00:32

Güncellenme: 20 Kasım 2024 03:48

EU Regulators Warn Again About Crypto Investment Risks!

  In the "Trends, Risks and Vulnerabilities Report" released Wednesday by the European Securities and Markets Authority (ESMA) and the European Supervisory Authorities (ESAs), it was stated that some cryptocurrencies are "highly risky and speculative".

European Union regulators repeated their warnings to cryptocurrency investors about potential risks.

ESAs pointed out that their previous warnings are still valid, saying "There is a risk that investors can lose all their money in a largely unregulated market."
  • The ESMA report highlights the significant risks posed by Bitcoin and other crypto assets, which have seen the highest level in recent times.
  • The report highlighted that the central bank's staying in regulatory review of stablecoins provides a positive sentiment on digital currencies.
  • It also emphasized the importance of promoting blockchain mechanisms that contain great energy and evidence of authority that working mechanisms like bitcoin consume.

There Will Be More Than 100 New Bitcoin ATMs In 24 States Of The USA

Bitcoin Depot said it doubled the number of crypto ATMs in the last six months.

US Atlanta-based Bitcoin Depot announced that it will place more than 100 new Bitcoin ATMs in the US. In a press release on Wednesday, the company said it will open a total of 115 ATMs across the US, including 14 in Alabama, 13 in Minnesota, 12 in Florida and 12 in California in the coming weeks. Bitcoin Depot announced that it has doubled the number of crypto ATMs in the last six months and currently has 2,000 ATMs globally. Users can buy bitcoin, litecoin and ethereum through the company's ATMs. President and CEO of FIM, Brandon Mintz, said."Crypto currencies offer many opportunities for people who do not or cannot access traditional financial services such as banks."   EU Regulators Warn Again About Crypto Investment Risks! Source: https://www.coindesk.com/ You may also be interested in:

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