EU authorities warn about limited protection for some crypto-assets and providers

Source: European Supervisory Authorities (ESMA/EBA/EIOPA)
Date: 06/10/2025
Official link: https://www.esma.europa.eu/sites/default/files/2025-10/Joint_ESAs_revised_warning_on_crypto-assets.pdf

Summary:
EU authorities warn that certain crypto-assets and related services present high risks, and that legal protection is often limited for consumers. They recommend checking whether the provider is authorised, verifying the wallet used, and being cautious with high-return promises. (“Scam” refers to a fraud designed to steal money or personal data, such as an unregulated crypto service offering quick profits.)