Development Group: Southeast Asian Consumers Too Bullish on Crypto?

Technology

“While the majority of financial consumers investing in cryptoassets say they could afford to lose the money invested, given the general lack of understanding of cryptoassets or the risks involved, the reasons for investing, the use of credit by some and the lack of professional advice among many when purchasing, there is a strong likelihood of a misalignment between the risk profile of some financial consumers and the level of risk they are exposed to,” the report said.

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