SEC warns on potential losses
The US Securities and Exchange Commission sent out a note reminding investors to "exercise caution" with cryptocurrencies like Bitcoin. They said cryptocurrency sellers may not be following securities laws and face "substantial risk" that investments could be lost.
In Israel, officials have gone further. The Israeli Securities Authority is temporarily banning crypto firms from listing on the stock exchange.
"Stock exchange indices will not include any firm whose main activity is the investment, holding or mining of cryptocurrencies," the said, adding that any listed companies will be removed.
