Cryptocurrency compared with rat poison

Only 10 percent of investment companies surveyed by JPMORGAN are traded by cryptocurrency. At the same time, almost half of them compared digital assets with “rat poison”, writes Reuters.

Most investors expect regulators to tighten the measures against cryptocurrency. About 95 percent of the respondents believe that fraud in the world of digital assets “to some extent or very widespread.”

About 80 percent of companies do not plan to trade cryptocurrency. However, 40 percent of investors noted that they personally invested in cryptocurrency. Earlier, the billionaire investor Warren Buffett called Bitcoin “rat poison in a square.” From this point of view, a third of the respondents surveyed by JPM agreed. Another 16 percent considered cryptocurrency temporary passion.

Earlier it was reported that in the Republic of South Africa, there were two founder brothers of the cryptocurid investment company Africrypt. Together with them, 69 thousand bitcoins belonged to customers were 3.6 billion dollars.

The cost of Bitcoin on the BINANCE cryptobier for the first time since January of this year fell below 30 thousand dollars on June 22. The reason for such dynamics was negative news from China. The People’s Bank of the People’s Republic of China prescribed to Chinese organizations, including the largest banks and the Alipay payment system, do not participate in cryptocurrency transactions.

/Media reports.