PLEASE NOTE: The content of this material is NOT approved by the Financial Services & Markets Act 2000 or the Financial Conduct Authority. Only sophisticated, professional, and/or commercial business-to-business users can use the services explained in this material. You are aware that it is open to you to seek advice from an authorised person who specialises in advising on unregulated activities.
Cryptoassets, which may include Real Estate NFTs, are not currently regulated by the Financial Conduct Authority (FCA) or any other regulator in the UK. This also means the Financial Ombudsman Service and the Financial Services Compensation Scheme do not apply. Any Real Estate NFT that you hold in your wallet is in a separate, unregulated wallet and it is not e-money. Cryptoassets are speculative instruments and involve a substantial degree of personal risk for those who hold them. The value of a cryptoasset can quickly increase or decrease at any time, and it may even fall to zero. This means there is the risk of complete loss of capital with no legal recourse. There can be no assurance that any cryptocurrency, or other digital asset, including a Real Estate NFT, is or will be viable, liquid, or solvent.
No communication from us in any location or medium is intended to imply that holding a cryptoasset or converting real estate into digital assets is low risk or risk-free, and we do not offer nor will we give any advice or recommendation on investments in Real Estate NFTs, cryptocurrency or otherwise.
You are responsible for paying any taxes owed as a result of the process of converting assets into a Real Estate NFT through our service. If you do not pay tax or report your assets to your tax authority, you may face fines or other penalties. You assume the risks of engaging in transactions that rely on smart contracts and other experimental technology.