FCA issues warning on cyrptocurrencies as Bitcoin volatility continues

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FCA issues warning on cyrptocurrencies as Bitcoin volatility continues

The FCA today issued a warning to retail consumers on investing in cryptoassets following Bitcoin's dizzying rise and fall again since the new year. The popular cryptocurrency is down 17% from the $41,500 peak it reached on 8 January, just three days ago. At the time of writing Bitcoin is trading at around $34,000. The British regulator appears concerned that unregulated firms are targeting consumers with marketing that promises high returns, that there may be some scam activity, and th...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.