Bitcoin warnings grow more strident as Singapore’s central bank urges ‘extreme caution’

FILE PHOTO: A copy of bitcoin standing on PC motherboard is seen in this illustration picture, October 26, 2017. REUTERS/Dado Ruvic/File Photo

Global financial regulators are beginning to warn the public against the risks of investing in a market that many feel is in a speculative bubble, with Singapore’s central bank on Tuesday urging “extreme caution” about buying cryptocurrencies.

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