CySEC
65 views
2 Discussing
Hot
Latest
CYPRUS SEC BLACKLISTS 19 UNAUTHORIZED CRYPTO BROKERS
The Cyprus Securities and Exchange Commission has cracked down on unlicensed crypto and FX platforms, blacklisting 19 firms for operating without authorization. Offenders include iqforextrade.net, metaindextrade.net, and viptradersclub.com.
🔍 Many deceived users by falsely claiming ties to licensed firms or misusing regulated CIF licenses.
🚫 New regulation mandates mandatory registration for all crypto service providers, with penalties up to $370K or 5 years in prison for non-compliance.
⚠️ The agency also warns against “finfluencers” and the gamification of trading, urging investors to perform proper due diligence.
#CryptoNews #CySEC #CryptoRegulation #CryptoScams #InvestorProtection
The Cyprus Securities and Exchange Commission has cracked down on unlicensed crypto and FX platforms, blacklisting 19 firms for operating without authorization. Offenders include iqforextrade.net, metaindextrade.net, and viptradersclub.com.
🔍 Many deceived users by falsely claiming ties to licensed firms or misusing regulated CIF licenses.
🚫 New regulation mandates mandatory registration for all crypto service providers, with penalties up to $370K or 5 years in prison for non-compliance.
⚠️ The agency also warns against “finfluencers” and the gamification of trading, urging investors to perform proper due diligence.
#CryptoNews #CySEC #CryptoRegulation #CryptoScams #InvestorProtection
Login to explore more contents