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Topic: Bitcoin

Tennessee Securities Division Urges Caution When Investing in Cryptocurrency like Bitcoin

 

Tennessee Department of Commerce and Insurance - TDCINashville, TN – The virtual currency known as cryptocurrency is riding a wave of public interest amid a frenzy of recent news stories touting record high valuations for the digital-only currency.

Bitcoin, which is the most well-known cryptocurrency, broke records this week with its values on Wall Street now topping more than $270 billion, according to news reports. 

Before making any decisions about investing in cryptocurrency, TDCI urges Tennessee investors to not be gullible, ask tough questions first and understand the risks before making an investment.

Before making any decisions about investing in cryptocurrency, TDCI urges Tennessee investors to not be gullible, ask tough questions first and understand the risks before making an investment.

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