Central bank cautions of cryptocurrencies' high volatility and risk
Publicat:The National Bank of Romania (BNR) notes that the public interest in virtual currencies (also called crypto-assets) is on a steady upward trend and cautions that, in its opinion, these remain highly volatile and extremely risky speculative assets that are highly likely to cause financial loss to the investors, BNR said in a statement on Thursday.
Despite the European Banking Authority's opinion that virtual currencies carry a high risk of illicit use, the premises have been created for the management of these assets, agerpres.ro confirms.
Thus, starting with July 15, 2020, the…
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