They say Bitcoin and other cryptocurrencies could be highly dangerous. It is based on expectation that bought coins later may be sold at a higher price. Such exchanges are highly risky. Bitcoin and other cryptocurrency prices are extremely unstable. And some crypto-founders chases fraudulent purposes.
Evidently, the pursuit of quick profits has motivated individual citizens, who are buying bitcoin and other cryptocurrencies. The risks associated with investing in cryptocurrencies are not fully recognized, however. For this reason, the Financial Supervisory Authority is warning consumers about the risks associated with cryptocurrencies.
Finland Regulatory Agency
Although, while Regulatory Agency mistrusts Bitcoin, Finland, in whole, has the most positive attitude towards cryptocurrency.
In Finland there is also a central bank which openly accepts cryptocurrencies. And NASDAQ Nordic opened the trade which tracking Ethereum price.
Finland is optimistically to Bitcoin and FSA should also end up frighten citizens about cryptocurrency markets volatility.