• SEC tells investors to be wary of bitcoin futures due to volatility and fraud, as regulators ramp up crypto scrutiny

    7 days ago - By Business Insider

    Gary Gensler heads the Securities and Exchange Commission.
    Photo by Chip Somodevilla/Getty Images
    The SEC warned investors over bitcoin futures, saying the cryptocurrency is volatile and speculative.
    It also said the market lacked regulation and had the potential for fraud and manipulation.
    Regulators around the world are stepping up their scrutiny of the market as bitcoin booms.
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    The US market regulator has warned investors about investing in funds with exposure to bitcoin futures, saying the market is volatile...
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