A Scottish rehab clinic has launched a program for people suffering from addiction to cryptocurrency trading, the clinic said in a news release this week.

MarketWatch reported the news Wednesday.

The clinic, Castle Craig, said it will treat cryptocurrency addiction as part of its existing gambling treatment program.

“Addiction to cryptocurrencies is a sub-type of online day-trading addiction,” Dr. Mark Griffiths, Professor of Behavioural Addiction at Nottingham Trent University, was quoted saying in Castle Craig’s release. “I see these as akin to gambling addiction.”

The news comes as cryptocurrencies such as bitcoin (BTC), ether (ETH) and bitcoin cash (BCH) have seen double-digit declines over the past month.

“Cryptocurrency users can get hooked by the volatile fluctuation of prices online which creates a ‘high’ when they buy or trade a winning currency,” Castle Craig said. “This can be exciting but also addictive and, like gambling addiction, can be financially disastrous.” Read more here.

ThirtyK Staff
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