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Bitcoin prices are highly volatile compared to other currencies… and in fact most types of other...

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Finance

Bitcoin prices are highly volatile compared to other currencies…and in fact most types of other securities as well.

• Briefly outline reasons why Bitcoin may be consideredunusually risky. Feel free to add any quotes or data to supportyour thinking.

• Summarize how regulators (US or international) are consideringgetting involved.

Answer & Explanation Solved by verified expert
3.6 Ratings (424 Votes)
A Bitcoin may be considered unusually risky becasuse 1 Faulty price discovery Bitcoin prices are discovered through exchanges that are unregulated with very lax KYC compliance process Wash trades frontrunning and trading    See Answer
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