German Financial Authority Warns on ICOs…Again; Nothing Changed

As governments around the world continue spinning their wheels considering possible regulations for cryptocurrencies and ICOs, most are issuing warnings to consumers. The warnings are coming in waves, one after another. Some governments are so nervous, in fact, that they have issued warnings more than once.

On November 9, the German government made a statement warning cryptocurrency buyers that purchases or investments in ICOs are highly speculative and carry substantial risk.

On November 15, the German government made a statement warning cryptocurrency buyers that purchases or investments in ICOs are highly speculative and carry substantial risk..

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