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EU regulators warn against CryptoCurrency

EU regulators warn against CryptoCurrency

The European Union banking, securities and pensions regulators have warned cryptocurrency investors of the Bitcoin’s “pricing bubble” and said that the investors could lose all their money.
 The European Banking Authority, European Securities and Markets Authority, and the European Insurance and Occupational Pensions Authority claimed that there were no safeguards for consumers buying into the £290 billion cryptocurrency market.