New Zealand Financial Regulator Issues Warning on Cryptocurrencies

The New Zealand Financial Markets Authority (FMA) has issued a warning to citizens regarding crypto-assets. This comes a day after the UK Financial Conduct Authority raised similar concerns about the cryptocurrency markets. Cryptocurrencies Considered High Risk and Volatile Assets This latest warning from the FMA was revealed by local publication the NZ Herald. According to the report, a spokesperson from the FMA warned New Zealanders to be wary of purchasing cryptocurrencies. Citing the high risk and volatility of crypto assets,…