Regulation · Fintech

CSSF warns funds offering crypto assets not supervised

CSSF's head office at Rue d'Arlon in Luxembourg. Photo: Raymond Frenken.

Private consumers seeking to invest in virtual assets through investment funds, despite the massive losses incurred by investors in certain cryptocurrencies, should be aware they are doing so without the protection of financial regulatory oversight, Luxembourg financial regulator the CSSF said.

The CSSF document was titled “Notice to private consumers in the context of investment funds providing exposure to virtual assets”. 

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