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Former UK Treasury Chancellor Philip Hammond urged retail investors to “be extremely careful” when investing in cryptocurrencies. Writes about it This is Money (application the Daily Mail).
“If a member of my family asked me [инвестировать ли в криптовалюту]I think I would draw his attention to the fact that large and reputable asset managers are now more likely to test the waters […] This is almost certainly not suitable for retail investors as the main investment category, ”the ex-chancellor said.
Hammond mentioned the volatility of cryptocurrencies and noted that this should not be forgotten.
“I know a lot of people who have little access to cryptoassets, but this is the money they wrote off. This is gambling money. I think people should be extremely careful. Many consider them [криптовалюты] more a game than a serious investment, ”he added.
In October, Hammond joined Copper’s custodian team as a senior advisor. His responsibilities include promoting the UK “as a global leader in digital asset technology” and strategically advising the company as it expands globally.
Later it became known about Copper’s plans to raise $ 500 million with an estimate of $ 2.5 billion. Prior to that, the custodian received $ 50 million from Target Global and Dawn Capital, as well as an additional $ 25 million from Brevan Howard Asset Management of Alan Howard.
Recall that one of the richest people in Mexico, Ricardo Salinas Pliego, in his New Year’s address urged subscribers to invest in bitcoin.
Earlier, billionaire Ray Dalio called the first cryptocurrency “alternative money”, and fiat money – “garbage” and a problem asset.
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