Techrecipe

Central Bank of Peru, Cryptographic Currency Volatility Warning

The Central Bank of Peru has responded to the recent decline in the currency market by warning about the high volatility of the cipher through Twitter on November 16 (local time). Bloomberg tweeted the beat coin chart from December last year to mid-November this year.

Cryptographic money is not supported by the central bank, but it is pointed out that it is in danger of being caught up in fraud and high volatility. Bitcoin prices fell 56 percent in October and 13 percent in November.

Peru does not currently regulate any cipher money. In September last year, the Peruvian Ministry of Defense has been studying possibilities in Peru, including participating in the R3 consortium on block chains and carrying out relevant technology research. Of course, unlike this movement, the currency trading volume is steadily increasing this year.

 

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