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| Bitcoin concerns | In this case the key event was terra. Their value is fixed to that of a conventional currency, allowing users to cash out of risky positions without going through the rigamarole of a bank transfer, and enabling crypto-native banks and DeFi establishments to work without taking on a currency risk. Long term, we look forward to fostering a positive, mutually beneficial relationship with our neighbors. This article is more than 3 years old. As the popularity of cryptocurrencies grows, the Financial Conduct Authority urged consumers to understand what they were investing in and the financial risks involved, given they were unlikely to be protected by UK schemes that help investors reclaim cash when companies go bust. |
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