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Cryptocurrencies

Cryptocurrency exchanges must educate users: Bitkub CEO

Topp Jirayut says acquisition by SCB will go on despite regulatory setbacks

Bitkub CEO Jirayut Srupsrisopa: "You have to differentiate between a short-term shock that is happening in the market and long-term vision." (Source photos by Getty Images and AFP/Jiji)

BANGKOK -- The cryptocurrency industry has a "collective responsibility" to educate investors and prepare them for downside risks, said the founder of Thailand's largest digital asset exchange.

The biggest downside risk may be the volatility of cryptocurrencies themselves. On Saturday the price of Bitcoin, the world's most traded cryptocurrency, fell below $20,000 for the first time in 18 months as an era of loose monetary policy ended.

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