Swedish FSA warns consumers against investing in cryptocurrencies

Investing in cryptocurrencies is a risky business, the Swedish FSA says, and lists a number of reasons why consumers should stay clear of such assets.

The Swedish Financial Supervisory Authority is sceptical about investing in crypto-assets. | Photo: Dado Ruvic/Reuters/Ritzau Scanpix

by KIM WIESENER

Lack of consumer protection. Volatility. High carbon footprints. Risks of money laundering and terrorism financing.

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Swedish FSA warns consumers against investing in cryptocurrencies

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Crypto investors' hope for Bitcoin ETFs shattered: "A sell the news event"

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PFA and Alecta remain cautious about crypto despite ETF approval

Sign up for our newsletter

Front page now

Comment: Investors don’t need to invent policies on Gaza

The list of money managers axing oil stocks just got longer

US manager sees Nordic clients return to EM equities due to "excessive concentration"

Oil Fund to publish shareholder votes live on Bloomberg

Carnegie is skeptical about Storebrand's increased stake in AIP

Nordic Alpha Partners reels in international investment giants for second fund

Norwegians are investing record amounts in funds

World's best EMD team still waiting for clients to return to Danske AM

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Ignore the ‘AI revolution’ at your own peril, global investors warn

Further reading

Nordic institutional investors still see potential in beleaguered Swedish battery producer

World's best EMD team still waiting for clients to return to Danske AM

US manager sees Nordic clients return to EM equities due to "excessive concentration"

Storeband increases stake in Danish infrastructure manager to become majority owner

The list of money managers axing oil stocks just got longer

Eight Nordic managers move up in global top 500 ranking