EBA warns investors about extra risk of virtual currencies

Thursday 19 December 2013 | 08:59 CET | News
The European Banking Authority (EBA) has issued a warning to highlight the possible risks you may face when buying, holding or trading virtual currencies such as Bitcoin. While the EBA is currently assessing all relevant issues associated with virtual currencies, in order to identify whether virtual currencies can and should be regulated and supervised, investors or would-be investors are advised to familiarise themselves with the risks associated with virtual currencies. The EBA's statement came about a week after a similar warning from De Nederlandsche Bank, the central bank of the

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Categories: General
Companies: Bitcoin
Countries: Europe / Netherlands / World
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