«Despite MiCA, #criptomonedas are a danger»: CNMV Spain

Rodrigo Buenaventura, president of the National Securities Market Commission, does not recommend investing in #criptoactivos even though they are regulated.

For Rodrigo Buenaventura, president of the National Securities Market Commission of Spain (CNMV), even though cryptocurrencies will be regulated by the Regulation for the Cryptoactive Market (MiCA), they will continue to be a danger for investors.

The official made the statement during his appearance before the Economy, Commerce and Digital Transformation Commission of the Congress of Deputies. There, he insisted on describing cryptocurrencies as “extremely risky products and not recommended for the retail investor,” even when the European Union approved their regulation.

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