As the cryptocurrency market continues to hit the mainstream media headlines, two of US’ financial regulators invited investors to stay cautious about the emerging market.
The North American Securities Administrators Association (NASAA) survey showcased that 94% of state and provincial regulators thought there was a “high risk of fraud” in the cryptocurrency market.
Full article https://www.tropyc.co/news/nasaa-sec-cryptocurrency-ico-warning-caution/What else could they have said? Nothing because they themselves are thrilled by the amount of reruns that could turn out in a short period of time so also how quick that investment could turn to cents due to volatility so instead of outrightly say it's bad based on their findings even though the survey in which they are relying upon suggests, they prefer to sit on the fence of not saying it's outrightly bad or good just that invest with caution.
And I think its a conservative approach that we all have to know about by default in that "never put more than what you van afford to lose or won't make use of in a long period of time" just that they are supporting theirs with knowledge of facts and figures.
