Use Caution When Buying Cryptocurrencies, Says CFTC

Investing, News | July 17, 2018 By:

The US Commodity Futures Trading Commission (CFTC) has advised consumers to do their homework before purchasing cryptocurrencies.

In a customer advisory, the CFTC told investors to exercise caution and conduct extensive research before purchasing digital coins or tokens, including those self-described as “utility coins” or “consumption coins.”

“This advisory is part of the CFTC’s education and outreach efforts to help educate and inform market participants,