Warning against investments in bitcoin

The Autorité des marchés financiers (AMF) and the French Prudential Supervisory Authority (ACPR), the supervisor of financial institutions, called Monday French savers to demonstrate "the greatest vigilance" before investing in the bitcoin, when the value of this virtual currency flames. "The purchase / sale and investment in bitcoins are currently taking place outside of any regulated market, and investors are therefore exposed to very high risk of loss in the event of a correction," the two bodies said. a joint statement.
Friday, the governor of the Bank of France, Francois Villeroy de Galhau, had similarly warned against any investment in the bitcoin, qualified as "speculative asset". Bitcoin fell back around $ 11,000 on Monday after reaching a new record close to 11,800 the day before, as it traded around 1,000 dollars in early 2017.