NJ Spotlight News
Business Report: Crypto market turmoil
Clip: 11/29/2022 | 2m 43sVideo has Closed Captions
A Jersey City-based cryptocurrency company has filed for bankruptcy protection
Monsur Hussain, the global head of Financial Institutions Research at Fitch Ratings, explains the risks of investing in cryptocurrency. "That [is] the real danger for retail investors, wishing to ride the wave of the value increase of these assets that ultimately have very little intrinsic worth. And ultimately, they are not backed by any real authority."
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS
NJ Spotlight News
Business Report: Crypto market turmoil
Clip: 11/29/2022 | 2m 43sVideo has Closed Captions
Monsur Hussain, the global head of Financial Institutions Research at Fitch Ratings, explains the risks of investing in cryptocurrency. "That [is] the real danger for retail investors, wishing to ride the wave of the value increase of these assets that ultimately have very little intrinsic worth. And ultimately, they are not backed by any real authority."
Problems playing video? | Closed Captioning Feedback
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Clip: 11/29/2022 | 4m 52s | Murphy promises comprehensive and transparent review (4m 52s)
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS