UK Youth Prefer Crypto to Stocks, FCA Flags Risks
UK Youth Prefer Crypto to Stocks, FCA Flags Risks
The Financial Conduct Authority (FCA) has issued a warning as more and more young investors in the UK are selecting cryptocurrencies like Bitcoin over more conventional assets like stocks and bonds. Speaking to lawmakers on Tuesday, FCA CEO Nikhil Rathi emphasized the "extremely high risk" of investing in virtual currencies, cautioning that one could "lose all your money."
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