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Nalezeno "risks": 887

IMF Voices Concerns Over El Salvador Making Bitcoin Legal Tender


The International Monetary Fund (IMF) has warned of “a number of macroeconomic, financial and legal issues” surrounding El Salvador making bitcoin legal tender. “Crypto assets can pose significant risks and effective regulatory measures are very important when dealing with...

Kenyan Banks Warn Clients Against Crypto Trading


A few Kenyan banks have started sending out warning alerts to clients engaged in cryptocurrency trading to be wary of the associated risks. These warnings have reportedly been sent to clients who have “used their credit and debit cards to buy cryptocurrencies on crypto exchanges.”...

Iran Warns Crypto Investors Amid Ban on Bitcoin Mined Outside Its Borders


The Central Bank of Iran has issued a warning against unrestrained crypto trading and reminded investors that only cryptocurrencies minted by licensed miners in the Islamic Republic can be used under limited circumstances. Traders will bear full responsibility for the risks, the bank cautioned...

Nigerian Regulator Issues ‘Extreme Caution’ Crypto Investments Warning


Nigeria’s Economic and Financial Crimes Commission (EFCC) has become the latest body to warn of risks associated with cryptocurrency investments. In a public warning, the law enforcement agency argues that investing in cryptos “is a high-risk activity as the terrain is largely...

Why Cryptocurrencies are Plummeting? How to Avoid Risks?


The text below is an advertorial article that was not written by Cryptonews.com journalists. On 23rd April, Bitcoin fell to 50,000 USD, reaching a record low in these few months. In only one day, Bitcoin, which once stood at a height of 64k USD, fell more than 10k USD, a drop of more than 16%. In...

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