🏢 The Swedish Financial Supervisory Authority (FI) warns that many Swedes face significant financial risks as trading in cryptocurrency certificates, which track crypto prices, has surged to five or six times the daily average before the U.S. election.
🗯️ "For some, this may resemble gambling more than a stable asset," says Mathias Lien Oskarsson, analyst at the agency's financial stability department.
✊ But unlike gambling, #bitcoin operates on transparent, predictable protocols. Though volatile, its value is shaped by supply and demand, much like commodities such as #gold. Beyond speculation, many see #bitcoin as a democratizing tool that empowers individuals with decentralized, borderless transactions and greater financial autonomy, especially in underserved regions.
🗞️ In the article, Safello CEO Emelie Moritz also shares her perspective on the recent uptick in market activity, noting increased trading and a positive sentiment, driven by U.S. political developments and growing interest from traditional asset managers.
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