DigiAssets 2024 returns to London this May
Estimated reading time: 2 min
Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk.
What are the key risks?
1. You could lose all the money you invest
- The performance of most cryptoassets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in cryptoassets.
- The cryptoasset market is largely unregulated. There is a risk of losing money or any cryptoassets you purchase due to risks such as cyber-attacks, financial crime and firm failure.
2. You should not expect to be protected if something goes wrong
- The Financial Services Compensation Scheme (FSCS) doesn't protect this type of investment because it's not a 'specified investment' under the UK regulatory regime – in other words, this type of investment isn't recognised as the sort of investment that the FSCS can protect. Learn more by using the FSCS investment protection checker.
- The Financial Ombudsman Service (FOS) will not be able to consider complaints related to this firm or Protection from the Financial Ombudsman Service (FOS) does not cover poor investment performance. If you have a complaint against an FCA regulated firm, FOS may be able to consider it. Learn more about FOS protection here.
3. You may not be able to sell your investment when you want to
- There is no guarantee that investments in cryptoassets can be easily sold at any given time. The ability to sell a cryptoasset depends on various factors, including the supply and demand in the market at that time.
- Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delay and you may be unable to sell your cryptoassets at the time you want.
4. Cryptoasset investments can be complex
- Investments in cryptoassets can be complex, making it difficult to understand the risks associated with the investment.
- You should do your own research before investing. If something sounds too good to be true, it probably is.
5. Don't put all your eggs in one basket
- Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well.
- A good rule of thumb is not to invest more than 10% of your money in high-risk investments.
If you are interested in learning more about how to protect yourself, visit the FCA's website here.
For further information about cryptoassets, visit the FCA's website here.
DigiAssets returns to London on 14 and 15 May 2024.
The leading digital assets conference, DigiAssets, is returning to London on 14 and 15 May at the Business Design Centre. Finder is a media partner for the event and you can still get 10% off the ticket price by using our discount code DAF24.
DigiAssets 2024 is an opportunity to connect and interact with the institutions that are shaping the digital asset ecosystem over the coming years in what could become a trillion-dollar market by 2030.
What will be covered at DigiAssets 2024?
Over 2 days, you can expect a jam-packed agenda with key industry speakers, diving deep in topics such as:
- How the launch of Bitcoin ETFs will impact the market
- The ways in which leading institutions are implementing tokenised funds
- What the industry is doing to solve challenges around market infrastructure connectivity and network interoperability
- Current trade infrastructure requirements
- All of the latest policy and regulatory developments in the digital asset space
Who is speaking at DigiAssets 2024?
The conference includes an impressive roster of speakers to cover key topics looking at the challenges and opportunities around the adoptions of crypto and other digital assets.
Some of the notable speakers attending the event include:
- Eric Peters, CEO & CIO, Coinbase Asset Management
- Gautam Sharma, CEO & CIO, Brevan Howard Digital
- Henri Arslanian, co-founder & managing partner, Nine Blocks Capital Management
- Joachim Schwerin, principal economist, European Commission
- Matthew Long, director of payments & digital assets, FCA
- Blue Macellari, head of digital assets strategy, T. Rowe Price
- Jasmine Burgess, COO & CRO, Coinbase Asset Management
- Altaf Kassam, managing director & EMEA head of investment strategy and research, State Street Global Advisors
This is just the tip of the iceberg. The full speaker lineup is made up of over 120 key industry figures.
You can see the full agenda along with the itinerary for the 2 day event here.
And don’t forget, Finder is a media partner in the event, so you can get 10% off the ticket price by using our discount code DAF24. *Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply. Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.