
FILE PHOTO: A representation of cryptocurrency Bitcoin is seen in this illustration taken August 6, 2021. REUTERS/Dado Ruvic/Illustration
LONDON (Reuters) - Consumers risk losing all their money invested in cryptoassets and could fall prey to scams, the European Union's securities, banking and insurance watchdogs said in a joint statement on Thursday.
"Consumers face the very real possibility of losing all their invested money if they buy these assets," the three EU authorities said in a statement.
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