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EU regulators warn Bitcoin investors of ‘pricing bubble’

“The European Union’s top banking, securities and pensions watchdogs have all warned cryptocurrency investors could lose all their money as Bitcoin enters a “pricing bubble”” writes James Titcomb for telegraph.co.uk. The trio of regulators – the European Banking Authority, European Securities and Markets Authority, and the European Insurance and Occupational Pensions Authority – warned there were no safeguards for consumers buying into the £290 billion cryptocurrency market.Bitcoin soared in value in recent months before losing more than half its value, leaving investors who bought in at the highest prices out of pocket.
 
Source: telegraph.co.uk



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