Cryptocurrencies, a digital-only form of financial exchange that uses cryptography as a means of security, made their debut more than 10 years ago with the launch of Bitcoin.
They divide opinion and aren’t for everyone. For example, the UK’s financial watchdog, the Financial Conduct Authority (FCA), issues regular warnings to consumers about the crypto industry, telling would-be investors that cryptoassets are unregulated, high-risk entities that offer little in the way of financial protection to consumers if things go wrong.
