Boe bitcoin

Cryptocurrencies were mixed on Thursday, hovering between losses and slight gains, after the Bank of England warned of crypto assets.

Given their high price volatility and relative illiquidity, the BOE warned banks and insurers of the crypto-exposure and advised them to maintain appropriate safeguards against all the related risks.

“Crypto-assets also raise concerns related to misconduct and market integrity – many appear vulnerable to fraud and manipulation, as well as money-laundering and terrorist financing risks,” said Sam Woods, the BoE deputy governor responsible for financial supervision.

Recently, there are have been warnings from some central banks, regulatory bodies and businessmen regarding the investment in cryptocurrencies, yet the interest in them seem to be rising.

The Bitcoin, the biggest digital currency in terms of market capitalization, was 0.29 percent lower at $6,101.78, but it managed to remain above resistance at $6,000.

Among the top 10 cryptocurrencies, Stellar, EOS and IOTA were the only trading in green, where they added 2.06%, 1.80% and 0.89% respectively, according to CoinMarketCap.