Spain’s Regulator Warns Huobi and Bybit for Operating Without Proper Licensing
2021-09-03 23:50:28 Primitive Reading

　

Cryptocurrency trading platforms continue to receive scrutiny from global regulators as Spain’s National Securities Market Commission (CNMV) has warned two of the largest digital asset exchanges – Huobi and Bybit.

  • According to the statement from the authorities sent to 12 companies operating in Spain, including Huobi and Bybit, they have failed to register to provide financial and investment services to locals.

  • “These institutions are not registered in the corresponding registry of this Commission, and, therefore, are not authorized to provide investment services or other activities subject to the CNMV’s supervision.”

  • Thus, the CNMV list of warnings issued against companies from the cryptocurrency landscape continues to increase.
  • Previously, other representatives that found a place there include Coinbase, KuCoin, LocalBitcoins, LocalEthereum, Changelly, ShapeShift, and more.
  • Digital asset trading platforms keep receiving blows from global regulators. As reported recently, Binance has had its fair share of warnings as well. The largest cryptocurrency exchange has been under scrutiny from numerous watchdogs.
  • As such, the company already had to halt some of its operations, including derivatives features in several countries.

Disclaimer: This specification is preliminary and is subject to change at any time without notice. Amazon Finance assumes no responsibility for any errors contained herein.

Amazon Finance
Voices from the Amazon rainforest
Recommended reading
PSG SUPER GUILD’s Ibrahim “Fudge” Allami will be the first Oceanic export to make an international event at MSI 2021

10-22     Amazon Finance     200 Reading
Rise of the GameFi Circuit, DRT Games Set Foot on the Journey to Break the Circle

10-22     Amazon Finance     113 Reading
NFT Lab and R3 Blockchain Alliance reached a strategic cooperation Jointly promote the development and construction of the NFTT platform

10-22     Amazon Finance     163 Reading
YGG joins hands with FTN-LEA to build a global chain tour guild (DAO) system and create a global chain tour guild benchmark!

10-22     Amazon Finance     163 Reading
Encrypted Habitat, Digital Twins| NFT-BluSea Forum Ends Successfully

10-22     Amazon Finance     171 Reading
Ecology Blockchain: Boost Traditional Enterprises in Accessing to the Decentralized Business Ecology

10-22     Amazon Finance     100 Reading
X10 Legends Jointly Held Online Launch Meetings in Many Places Around the World.

10-22     Amazon Finance     145 Reading
Ecology Blockchain: Pacemaker of Ecological Application, Creating the Strongest Consensus of Blockchain Ecological Application

10-22     Amazon Finance     181 Reading
Blockchain technology enters the business world and NEMANJA will keep focusing on the technology

10-22     Amazon Finance     62 Reading
A new generation of fully decentralized exchanges, Node Swap, is coming online

10-22     Amazon Finance     202 Reading
NEMANJA Global cooperated with several enterprises to start the road of global development

10-22     Amazon Finance     92 Reading
FTN-DEX decentralized trading platform enters into a strategic partnership with Canadian foundation Oasis

10-22     Amazon Finance     95 Reading
200 FWNFT sold out in 11 minutes, the fifth phase of sale will start on October 10

10-22     Amazon Finance     173 Reading
The phase Ⅲ of FWNFT was sold out, with a total subscription of 211.8 million USDT

10-22     Amazon Finance     67 Reading
FWNFT phase II was available for sale today and 400 FWNFT tokens were sold out in 9 minutes

10-22     Amazon Finance     103 Reading

Copyright © Amazon Finance