Need a hand?

Just pop your question below to get an answer.

What are the regulatory risks associated with cryptocurrencies?

Since cryptocurrencies are a relatively new breed of digital asset, laws and regulations are playing catch-up.

For the time being, the lack of a regulatory framework means crypto is unregulated and is not protected by investor compensation schemes. This, combined with the fact cryptocurrencies are highly volatile, means you could lose all of your investment – with no way to recover it.

Scams are also a real risk you should be aware of. Due to the volatility of cryptocurrencies, blockchain transactions being irreversible and the anonymity some services provide users, scammers find the use of crypto attractive.

We encourage you to educate yourself about scams using our in-app Learn courses, and more widely to upskill on cryptocurrency themes.