Sentences with phrase «central bank officials warn»
Whilst trading volumes in bitcoin futures at CBOE and CME remain fairly low, as both platforms still see it as an experiment, central bank officials warn of high risks of losing actual money by trading bitcoin due to the unpredictability of the digital currencies, and lack of clarity regarding mechanisms driving the market.
https://sputniknews.com/ Not exact matches
The Central Bank of Iran has not prohibited the use of cryptocurrencies by law and only sought to warn people of the potential risks inherent in them, as the regulator has yet to announce its official stance.
In spite of a strong bitcoin ecosystem, Argentina has not yet drawn up regulations for the cryptocurrency, although the central bank has issued official warnings of the risks involved.
The Indian central bank has issued a couple of official warnings on bitcoin, and at the end of 2017 the country's finance minister clarified in an interview that bitcoin is not legal tender.
Indonesian authorities are investigating the use of bitcoin in the holiday island of Bali, amid warnings by the central bank in Southeast Asia's biggest economy over the risks posed by virtual currencies, an official said.
Not only did he warn about the dangers of cryptocurrencies, but a senior official at the central bank called ICOs a «pyramid scheme.»