As Investors Bite Dust, Hong Kong Central Bank Releases Statement Against Bitcoin

By cineramaFebruary 10, 2015Bitcoin Business

In the wake of recent fraud allegations against a Bitcoin investment company , Hong Kong Central Bank asked people to take extra precautions while investing in speculative investments such as cryptocurrencies. HongKong Monetary Authority Bitcoin Advice “Such investments may involve fraud or pyramid schemes,” The Hong Kong Monetary Authority (HKMA) stated in its statement. “Given the highly speculative nature of Bitcoin, we have all along urged the public to exercise extra caution when considering […]

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As Investors Bite Dust, Hong Kong Central Bank Releases Statement Against Bitcoin

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Previous PostTrucoin Increases Daily Purchasing Power to an Unprecedented One Thousand Dollars a Day and Adds Six More States Including California

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