Sentences with phrase «volatile currency speculation»

When people think about cryptocurrency, they often associate it with illicit drug sales on the darknet or volatile currency speculation.

Not exact matches

You can also look at commodities and foreign currency for investment opportunities, but note that these can be volatile and prone to speculation and macroeconomic movements from foreign governments and central banks.

While speculation is typically driven by economic, global and market effects, price action is sometimes volatile, and significant adjustments in currency value can take place quickly.

The SBP took the action on account of the following risks: • Virtual currencies are highly volatile, unstable and the prices are primarily based on speculations; • The failure and closure of virtual currency exchanges and businesses for any reason, such as action by law enforcement agencies; and • The number of security compromises of virtual currency exchanges and wallets worldwide in which large amount of funds have been lost.

«Ownership of virtual currency is very risky and full of speculation because there is no authority responsible,» the central banker continues, «there is no official administrator, there is no underlying asset underlying virtual currency price and trading value is very volatile so vulnerable to the risk bubble and prone to be used as a means of washing money and financing of terrorism, so that it can affect the stability of the financial system and harm the public.