Ukraine trying to ‘spur regulations’ of crypto assets: Natalie Brunell
Coin Stories podcast host joins ‘Cavuto: Coast to Coast’ to discuss economic strategies involving crypto currency as interest rates continue to rise.
Bitcoin is trading above $40,000 after a day that saw its three-day winning steak snapped.
The cryptocurrency is off more than 2% month-to-date and down 12% year-to-date.
The European Union's securities, banking and insurance watchdogs issued a warning about cryptocurrencies this week.
Consumers risk losing all their money invested in cryptoassets and could fall prey to scams, the European watchdogs warned in a joint statement Thursday, according to Reuters.
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"Consumers face the very real possibility of losing all their invested money if they buy these assets," the three EU authorities said in a statement.
EU authorities have ratcheted up direct warnings to consumers about cryptoassets.