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Crypto fans turned away from advisers amid doubts over digital token value, lack of rules

Clients say they are going to invest independently, despite most advisers discussing cryptos with them

Advisers see lack of intrinsic value as biggest barrier to professional recommendations
Advisers see lack of intrinsic value as biggest barrier to professional recommendations Photo: Ozan Kose/Getty Images

Cryptocurrency enthusiasts are turning to financial professionals for help to invest, but their advisers remain sceptical over the benefits of digital assets due to a lack of regulation in the market.

More than 70% of UK advisers have talked to clients about investing in cryptocurrencies, a survey of 600 professional investors in Europe found.

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