Tag: crypto warning

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Former UK Chancellor Lord Hammond Warns About Crypto Investing — Says ‘It’s Gambling Money’

December 27, 2021

Former U.K. chancellor of the exchequer Lord Hammond has reportedly warned about investing in cryptocurrencies. He said, “It’s gambling money,” noting that “people should be extremely cautious” and “Many regard them as closer to gaming than serious investing.” Nonetheless, he is currently serving as a senior advisor to a crypto firm. Former British Chancellor of…
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Thai Prime Minister Cautions Investors Getting Into Crypto as Interest in Digital Assets Soars

October 24, 2021

The prime minister of Thailand has cautioned investors getting into cryptocurrencies, noting that they are volatile and highly speculative. Recently, interest in cryptocurrencies has soared as young investors in the country discovered that they could make money quickly by investing in cryptocurrencies. Thai Prime Minister Warns About Crypto Investing Ratchada Thanadirek, deputy spokeswoman for the…
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