Spain: identified another 23 unauthorized entities operating in the cryptocurrency and forex sectors

in #bitcoinlast year

During today, January 14, the National Commission of the Securities Market (CNMV) Spanish added 23 companies operating in the forex and crypto to its list of offenders.

Among the companies added to the list appears the name of Blonde Bear OÜ, also known as Black Parrot Ltd., which claims to be a platform for the trading of cryptocurrencies and forex, which obviously operates in Spain without having a license.

The company, which carried out its activities using the domains trade111.com and tradex1.com , was also reported by the Polish financial supervisory authority , since it operated in the country without having the appropriate license.

Another company added to the CNMV list (also because it does not have the necessary authorizations) is Dax300, also known as Brown Fox Ltd. This company offers contracts for difference (CFD) trading on cryptocurrencies, goods and forex.

As reported in December by Cointelegraph, Spain is one of the seven signatories of the declaration calling for the use of distributed ledger technology (DLT) in the old continent.

Also in December, the Spanish energy company ACCIONA Energía announced that it intends to use blockchain technology to track the production of electricity.

SOURCE: Adrian Zmudzinski