Central Bank Of Singapore Urges Caution About Investing In Cryptocurrencies
- 6 years ago
On Tuesday, Singapore's central bank warned that investors should use "extreme caution" about buying cryptocurrencies, as global financial regulators begin to warn the public against the risks of investing in a market some experts feel is in a speculative bubble. Bitcoin and other decentralized digital currencies have experience staggering growth this year, with the market swelling from around $17 billion at the start of January to well over $600 billion now.