UK FCA Rules

At Mineiac, we are committed to protecting your privacy and ensuring the security of your personal information. This Privacy Policy outlines our practices regarding the collection, use, and disclosure of your personal information when you interact with our website.

Consumer Protections:

Recent FCA guidance clarifies that most cryptoassets fall under financial promotions rules. This means firms can’t promote investing in cryptos in a misleading way or without balancing risk warnings.

Fair Treatment:

Firms must treat crypto investors fairly, including when onboarding, executing trades, and handling complaints or issues. Practices should be transparent with no hidden or excess fees/charges.

Risk Disclosures

Cryptocurrency investments must come with clear, prominent risk warnings about volatility, valuation challenges, cyber threats, lack of regulation, etc. Investors need support in understanding these risks.

Financial Crime:

Stricter know-your-customer (KYC) checks now may be required even for small crypto transactions. Investors must disclose source of funds and may face enhanced monitoring for unusual activity indicating fraud or money laundering

Asset Safeguarding

Cryptoasset service providers are working to meet strict new requirements around safekeeping client assets with controls, segregation and insurance against theft or loss.

Complaint Handling

Firms serving crypto investors must have speedy, accessible complaint resolution procedures in place. Eligible complainants can take unresolved issues to the Financial Ombudsman.

Conduct Rules:

Fair treatment of consumers is emphasized in wider conduct rules around communications, due diligence, charges, and governance over any crypto products/services.

FCA Disclaimer

The FCA requires crypto firms to actively manage risks to consumers and markets. Rules aim to build trust while allowing responsible innovation. Investors benefit from clear standards, transparency and accountability.

By using the Mineable / Mineiac platform, you agree to the terms outlined in our Privacy Policy. Your trust is important to us, and we are dedicated to safeguarding your privacy as we continue to redefine the landscape of cryptocurrency mining through innovation and sustainability.

Registered office address: MINEIAC LTD
71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ

Company number 15269249