Dutch minister again preaches caution after wild cryptocurrency weekend

Dutch minister again preaches caution after wild cryptocurrency weekend

Wopke Hoekstra. Photo: Rijksoverheid Minister Wopke Hoekstra of Finance warned Dutch investors about the risks involved in trading in Bitcoins and other cryptocurrencies. The price of the largest cryptocurrencies plummeted last week. "I think we’ve said before: think before you start. It’s a product that carries great risks, and that has also be seen in the last 12 to 24 hours", Hoekstra said to RTL Z on Friday, referring specifically to Bitcoin. "It goes up very fast and down very hard, and I think the DNB and AFM also previously warned about the big risks that people take when […]