Don’t buy crypto! Russian central bank warns against investing in volatile digital currencies, citing risk of ‘enormous’ losses ...News

Online-only assets like Bitcoin and Ethereum have become a lucrative opportunity for millions of savvy amateur investors, but now Russia's central bank is warning people to steer clear of what could end up being a very risky buy. As part of an interview with Komsomolskaya Pravda published on Monday, Elvira Nabiullina, chair of the country's Central Bank, argued that investments in any kind of currency were always risky. "Losing in the foreign exchange market is much easier than it is to make money," she said. "The most dangerous of all strategies, of course, is speculative crypto assets." Also on rt.com

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