Milo CEO warns that cryptocurrency risks are similar to the 2008 financial crisis1p
According to PANews, Milo CEO Josip Rupena said the risks posed by Bitcoin and cryptocurrency funds companies are similar to the types of debt that triggered the 2007-2008 financial crisis. Crypto finance companies hold bearer assets without counterparty risk, but introduce multiple layers of risks, including company management capabilities, cybersecurity and the ability of enterprises to generate cash flow.