Is the exchange of cryptocurrency legal, regulated and safe? Yes; there is currently no legal restrictions on merchants accepting cryptocurrencies in the UK. HMRC have issued guidance on the handling of cryptocurrency donations, which Cornerstone complies with comply with. The guidance can be viewed here: Tax on cryptoassets – GOV.UK (www.gov.uk). Cryptocurrencies work using blockchain security. A blockchain relies on networks of thousands of computers to verify transactions, making it close to impossible to tamper with the ledger. Cornerstone has custody and liquidity provided by Gemini, a licensed trust company that is regulated by the New York State Department of Financial Services (NYSDFS), and industry and world leader in cryptocurrency security and regulatory compliance. Cornerstone complies with the FRS 102 accounting policy which ensures our cryptocurrency donations are accounted for and measured accurately.