Virtual assets and cryptocurrencies

We have recently observed a significant increase in customers and potential customers either investing or seeking to invest in crypto currencies/assets and other virtual assets. We are also aware that many individuals investing in these assets have fallen victim to a number of sophisticated frauds.

There are a number of risks associated with investment in virtual assets that do not present themselves when investing in other assets, for example money that is held in a crypto wallet may not be protected by regulatory compensation schemes.

In the interest of the safety and security of our customers, we may restrict payments that are made to or received from cryptocurrency exchanges or involved in the purchase or sale of crypto assets in order to allow us to ensure that we are doing everything we can to help to keep your money safe.