Iowa official: Bitcoin, other cryptocurrencies are 'high-risk' investments

http://ift.tt/wEcZxH Iowa Insurance Division is urging caution amid rising hype over the skyrocketing price of Bitcoin and other cryptocurrencies. Iowa Insurance Commissioner Doug Ommen issued a warning Thursday, noting that cryptocurrencies are not insured, not controlled by a central bank and are often ...

from Google Alert - Bitcoin http://ift.tt/2EYUOWG