Bitcoin warning from the European Union: You may lose all your money

The EU market regulator warns those who invest in Bitcoin and other crypto sales that "you may lose all your money". According to Bloomberg, the European Union's (EU) top market regulator warned Investors that they are exposed to great risks due to the rapid increases in Bitcoin and other currencies.

The European-based Securities and Markets Authority of Paris has drawn high-risk and speculative attention from crypto cities in its risk report published twice, while warning consumers who buy and hold these instruments against high risks, including losing all their money.

AT 55 THOUSAND DOLLARS

Bitcoin has increased by about 900 percent last year, due to the pandemic, with individual investors trading. Crypto money is traded around 55 thousand dollars today. an increase of approximately 900 percent as individual investors flocked to the transactions.

Crypto money is traded around 55 thousand dollars today. Bitcoin had declined after exceeding 60 thousand dollars and seeing 61 thousand dollars 4 days ago.

European authorities are considering enacting new legislation for unregulated crypto assets. In Turkey, the Treasury and the Ministry of Finance, announced that it would be in preparation for crypto assets and money to see the text. The increasing interest of recent institutional institutional investors in cryptocurrency has brought along a rapid in value.