Futures Markets and Record Prices Spark Regulatory Warnings

in #bitcoin8 years ago


22 hours ago
Bitcoin’s skyrocketing price has triggered a wave of warnings from regulatory institutions. The European Central Bank (ECB) has implored the European Union (EU) to regulate bitcoin, whilst the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has urged India’s government to take legislative action against bitcoin. The highly anticipated launch of institutional bitcoin futures markets has also prompted the Hong Kong Securities and Futures Commission (SFC) to warn traders of the risks posed by trading unregulated bitcoin futures markets.

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