Italy’s CONSOB Turns Eye to Cryptocurrency Brokers

[kreslik.news]

A lesser-known cryptocurrency and FX broker called Trade Com Limited was just blacklisted by the Italy’s financial regulator after the company was found facilitating trading in digital currencies without being authorized to provide ‎‎investment services or activities in the country.

La Commissione nazionale per le società e la Borsa (CONSOB), the statutory body set up to police Italy’s domestic securities and futures market, has clarified that the ‎company in question does not, in fact, have any valid license of any kind, ‎stating that Trade Com Limited, operating under the brand CryptoFX Online, is not authorized to promote its advertised products.‎

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