Wary advisers remain cryptic about crypto
They don’t want to take the blame if clients suffer big losses
Cryptocurrency
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Crypto curiosity in financial advice is here to stay
Three quarters of advisers say their clients have asked about investing in cryptocurrency
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Should cryptoassets be part of retail investors’ portfolios?
‘Liquidity is very challenging and it’s exceptionally volatile’
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South African brothers deny role in $3.6bn Bitcoin ‘heist’
As regulator raises red flag on ‘Ponzi-like’ tactics used by their firm
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How do UAE advisers feel about rising demand for cryptoassets?
As 26% of residents view them as ‘exciting investment opportunities’
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2.3 million Brits now hold cryptoassets
But only 7% of IFAs would recommend their clients invest in digital currencies
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Hong Kong eyes crypto retail trading ban
Regulator has proposed restrictions on cryptocurrency exchanges in the territory
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Tesla hits the brakes on Bitcoin over ESG concerns
Prompting a sharp drop in the cryptocurrency’s value
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HMRC to demand crypto data from people under investigation
As it gears up to crackdown on tax evasion and avoidance involving digital assets
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Advisers circumspect about recommending cryptocurrencies
Handsome returns generate big demand, but advisers ring bell of caution
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Young people flock to high-risk investing
But are these thrill seekers playing with fire?
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Bitcoin investment advert rapped by watchdog
Said it was ‘misleading’ and gave the impression that the cryptocurrency was a ‘secure investment’