Cryptocurrencies

A cryptocurrency is a digital representation of a stored value secured through cryptography. Although Bitcoin might be one of the most widely known cryptocurrencies today, there are many others. The markets for cryptocurrencies remain highly volatile and risky. Before turning your hard-earned cash into crypto, use the resources below from FINRA and other regulatory authorities to learn more about these markets and products.

FINRA

• Investor Alert: Don't Fall for Cryptocurrency-Related Stock Scams
• Investor Alert: Bitcoin: More Than a Bit Risky
• The Alert Investor: Getting a Handle on Virtual Currencies
• The Alert Investor: Here's How to Avoid Crypto Stock Scams
• The Alert Investor: Bitcoin Basics—9 Things You Should Know About the Virtual Currency
• Podcast: Demystifying Cryptocurrency

Securities and Exchange Commission (SEC)

• Thinking About Buying the Latest New Cryptocurrency or Token?
• Statement on Cryptocurrencies and Initial Coin Offerings
• Investor Alert: Bitcoin and Other Virtual Currency-Related Investments
• Investor Alert: Ponzi Schemes Using Virtual Currencies

Commodity Futures Trading Commission (CFTC)

• CFTC Webpage on Virtual Currencies

Consumer Financial Protection Bureau (CFPB)

• Risks to Consumers Posed by Virtual Currencies
• CFPB Warns Consumers About Bitcoin

National Futures Association (NFA)

• NFA Investor Advisory—Futures on Virtual Currencies Including Bitcoin

Federal Trade Commission (FTC)

• Know the Risks Before You Invest in Cryptocurrencies

North American Securities Administrators Association (NASAA)

• NASAA Reminds Investors to Approach Cryptocurrencies, Initial Coin Offerings and Other Cryptocurrency-Related Investment Products with Caution
• Informed Investor Advisory: Cryptocurrencies