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Market Cap:
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Bitcoin Bitcoin Share: 59.84%
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Cryptopolitan
2023-05-10 05:33:49

Central Bank of Ireland Issues Caution Against Unbacked Cryptocurrencies

Central Bank of Ireland Issues Caution Against Unbacked Cryptocurrencies

The Central Bank of Ireland has raised alarm bells over unbacked cryptocurrencies, cautioning investors and consumers to approach them with skepticism. In a blog post featured on the bank’s official website, Gabriel Makhlouf, the governor of Ireland’s Central Bank, drew parallels between buying cryptocurrencies and purchasing lottery tickets, noting that while a lucky few might ... Read more

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