Section 60A(1)

Paragraph (2) applies where— a cryptoasset exchange provider or custodian wallet provider (“cryptoasset business”) establishes a business relationship, or enters into a transaction, with a customer that arises out of any of its activities as a cryptoasset business, and the activity is not— within scope of the jurisdiction of the Financial Ombudsman Service, or subject to protection under the Financial Services Compensation Scheme, or within scope of the jurisdiction of, or subject to protection under, either of the schemes referred to in paragraph (i) or (ii).

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Source: legislation.gov.uk · retrieved 2026-09-04