China to ‘maintain a high-pressure situation’ on crypto, official says
An official at the People’s Bank of China said that the public should increase its risk awareness and stay away from crypto investments.
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An official at the People’s Bank of China said that the public should increase its risk awareness and stay away from crypto investments.
Out of the 1,000 respondents, 21% plan to take on consumer debt for buying cryptocurrency while more than 20% have decided to use either their bank savings or refinancing homes.
Based on the reports from Aussie investors, ASIC said that citizens have suffered significant losses due to “excessive leverage, platform outages, or unfair liquidations.”