Tag Archives: EU Watchdog Warns Of Bitcoin Risks

IrishExaminer – EU Watchdog Warns Of Bitcoin Risks – 14 December 2013

Irish Examiner

By Huw Jones

People using Bitcoins are on their own when it comes to losses, the EU’s banking watchdog said yesterday in a warning to consumers on the risks of using unregulated online currencies.

The European Banking Authority (EBA) said that there was no protection or compensation for people whose “digital wallets” are hacked, a transfer of virtual money goes wrong, or a platform is shut.

Read the whole story at: www.irishexaminer.com / link to original article