Are Crypto positions SIPC or FSCS protected?

No, cryptocurrency positions are not protected by the Securities Investor Protection Corporation (SIPC) or the Financial Services Compensation Scheme (FSCS). Cryptocurrency trading is not subject to regulation beyond anti-money laundering requirements. 

All exchange and custody services in connection with trading and holding cryptocurrency tokens and other digital asset tokens through IBKR trading platforms are provided by Cryptocurrency Service Providers. Learn more.

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What accounts are eligible to trade cryptocurrencies?
I want to be treated as a MiFID Professional client. Which rights and protections do I lose?
Can I use the Cryptocurrency Service Provider's web app to trade cryptocurrency without pre-funding?
Does the Investor Compensation Scheme apply to crypto-assets and funds held with zerohash?