A report by UK lawmakers is warning that cryptocurrency trading should be regulated as gambling.
The Treasury Select Committee says it poses significant risks - and more closely resembles betting than a financial service.
The government says it is already 'robustly' regulating the crypto market.
But Chair of the Treasury committee Harriett Baldwin doesn't think enough people are aware of the dangers.
IN: 'A lot...
OUT: ...on them.'
DUR: 24 seconds
http://fsnradionews.com/feeds/0517crypto-baldwin1.mp3
The Treasury Select Committee says it poses significant risks - and more closely resembles betting than a financial service.
The government says it is already 'robustly' regulating the crypto market.
But Chair of the Treasury committee Harriett Baldwin doesn't think enough people are aware of the dangers.
IN: 'A lot...
OUT: ...on them.'
DUR: 24 seconds
http://fsnradionews.com/feeds/0517crypto-baldwin1.mp3