The United Kingdom’s financial regulator, the Financial Conduct Authority, has posted a warning about cryptocurrency investment amid a major crash on crypto markets.

In a Jan. 11 statement, the FCA said that crypto investment and lending are associated with a high level of risk, stressing that investors should be ready to lose all their money while investing in crypto.

Citing a number of risks including price volatility, product complexity, and charges and fees, the FCA said that investors are…

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