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Europe Daily Bulletin No. 11903

14 November 2017
Contents Publication in full By article 10 / 25
ECONOMY - FINANCE - BUSINESS / Finance
ESMA warns against risks inherent to Bitcoin and other cryptocurrency ICOs
Brussels, 13/11/2017 (Agence Europe)

“If you are considering investing in ICOs or have already done so, be aware of the many risks this may entail, including the total loss of your investment”, the European Securities and Markets Authority (ESMA) warns in a public statement published on Monday 13 November, addressing both investors and the companies involved in the new phenomenon of cryptocurrency.

Cryptocurrency initial coin offerings (ICO) are a way of raising funds by issuing digital assets that can be exchanged for...

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