Unregulated Cryptoassets: Difference between revisions
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Cryptocurrencies such as Bitcoin, Ethereum or Litecoin are considered to be [https://www.iomfsa.im/media/2720/regulatory-perimeter-for-tokens.pdf unregulated tokens] by the Isle of Man's Financial Services Authority. | |||
All cryptocurrencies bought and sold on Bittylicious are unregulated tokens. | |||
Government services and schemes such as the Isle of Man's Depositors' Compensation Scheme, the | |||
UK's Financial Ombudsman Service or the Financial Services Compensation Scheme do not apply to the cryptoasset activities carried on by Bittylicious (Isle of Man) Limited. | |||
Therefore, any purchase or sale of any cryptocurrency on Bittylicious is at your own risk. | |||
Do not buy cryptocurrency unless you are prepared to lose all the money you invest. | |||
Latest revision as of 12:45, 22 November 2023
Cryptocurrencies such as Bitcoin, Ethereum or Litecoin are considered to be unregulated tokens by the Isle of Man's Financial Services Authority.
All cryptocurrencies bought and sold on Bittylicious are unregulated tokens.
Government services and schemes such as the Isle of Man's Depositors' Compensation Scheme, the UK's Financial Ombudsman Service or the Financial Services Compensation Scheme do not apply to the cryptoasset activities carried on by Bittylicious (Isle of Man) Limited.
Therefore, any purchase or sale of any cryptocurrency on Bittylicious is at your own risk.
Do not buy cryptocurrency unless you are prepared to lose all the money you invest.