Crypto security and risks
What are the regulatory risks associated with cryptocurrencies?
Cryptocurrencies are pretty new and still catching up with regulations, meaning they aren't regulated and don't have protections like other investments might.
Scams are a concern too, given the unregulated nature and anonymity of transactions. We advise using our in-app Crypto Learn courses to understand these risks better.
How are cryptocurrencies regulated?
In EEA, crypto services are provided by Revolut Limited.
Revolut operates as a Registered Cryptoasset Firm ('Revolut Ltd', FRN 900562) under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. Funds received by us in relation to cryptocurrency transactions won’t be safeguarded (unlike fiat currency transactions, pursuant to our obligations under the UK Electronic Money Regulations 2011). Any cryptocurrency we hold for you isn’t covered by the Financial Services Compensation Scheme (FSCS).
We advise you not to invest unless you're prepared to lose all the money you invest. This is a high‑risk investment, and you shouldn’t expect to be protected if something goes wrong.
Why does price volatility make investing in crypto risky?
Cryptocurrencies are highly volatile and can significantly fluctuate in price, posing substantial risks of loss. If you're unsure about investing in crypto, it's wise to consult with an authorised and independent financial adviser. We don’t endorse or advise on cryptocurrency transactions. For more information, read our Crypto T&Cs.