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EU regulators: Beware celebrity crypto ads

https://www.politico.eu/article/eu-regulators-beware-celebrity-crypto-ads/

by Quanttek • 4 years ago

2 1 4 years ago

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Quanttek• 4 years ago

This is their checklist [1]:

• can you afford to lose all the money you invest?

• are you ready to take on high risks to earn the advertised returns?

• do you understand the features of the crypto-asset or related products and services?

• are the firms/parties you are dealing with reputable?

• are the firms/parties you are dealing with blacklisted by the relevant national authorities?

• are you able to protect effectively the devices you use for buying, storing or transferring crypto-assets, including your private keys?

Pretty basic for those in-the-know but useful for new investors lured in by easy money.

[1] https://www.politico.eu/wp-content/uploads/2022/03/16/Joint-...

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