Dec 18, 2017 04:21 PM
Dec 19, 2017 04:43 PM
https://www.reuters.com/article/us-singa...SKBN1ED151
Quote:The Monetary Authority of Singapore (MAS) said in an official statement on Tuesday it is “concerned that members of the public may be attracted to invest in cryptocurrencies, such as bitcoin, due to the recent escalation in their prices”.
“MAS considers the recent surge in the prices of cryptocurrencies to be driven by speculation,” the central bank said in a statement. “The risk of a sharp reduction in prices is high. Investors in cryptocurrencies should be aware that they run the risk of losing all their capital.”