Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), told BBC’s “Newsnight” on Thursday, “If you want to invest in bitcoin, be prepared to lose all your money.”
Bailey said a lack of backing from governments and central banks for the world’s most popular digital currency was evidence that putting money into bictoin was not a secure investment.
Eulogy made by Andrew Bailey
Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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