Be prepared to lose all your money, FCA warns crypto investors

UK regulator speaks out as bitcoin plunges 28% in three days from record high of $42,000

Crypto investors “should be prepared to lose all their money” if they continue to plough funds in the volatile digital currency, according to the UK Financial Conduct Authority (FCA). The warning comes after the value of bitcoin fell from its record high on 8 January of $42,000 to $30,200 on 11 January. The cryptocurrency has…

Bitcoin | Blockchain | Crypto | Ethereum | UK