User alert: Monitoring of virtual currencies

NationalTreasuryVirtual currencies are becoming increasingly popular among users to purchase goods and services, to transfer funds to third parties or to hold as investments. Rosebank Wealth Group has, to date, been approached by two people wanting to invest in virtual currency funds. Here is an interesting article from National Treasury on the government view of cryptocurrencies and what FSP's should consider if they wish to consider advising on or using them. To read more, click here.