In an unusual move, the three EU financial regulators issued a joint statement on Thursday warning consumers about the dangers of crypto assets like Bitcoin.

However, the fact that these values ​​are complex and not very transparent is anything but a new finding by the EBA banking supervisors, the stock exchange supervisory authority ESMA and the insurance regulator EIOPA.

It is reasonable that they now warn consumers about the risk of total loss in a social media awareness campaign.

After all, the crypto market, which is not very regulated and supervised, is also full of dubious providers who sometimes also have fraudulent intentions.

But there are also those on the gray capital market, which the German financial regulator Bafin has never examined more closely, although there have been cases of fraud with billions in losses for investors.

An example of this is the difficulties faced by the shipping container rental company P&R.

Unfortunately, there has not yet been a coordinated information campaign by the European supervisory authorities, although it is absolutely necessary.

That's why the Bitcoin warning call seems a little cheap.

There are also investors here who, despite the dangers, want to use an investment to diversify their risk.

There is also a risk of total loss elsewhere.

Often where he is hardly expected.

An example is the former Dax value Wirecard.