Spanish officials issue warning on Huobi and Bybit crypto exchanges

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The National Securities Market Commission in Spain issued warnings on 11 entities for not being registered for investment services.
Regulators around the world continue to keep the pressure fresh on crypto businesses. Spain’s National Securities Market Commission (CNMV) is the latest to issue a warning on several crypto- and financial market-related businesses for unregistered services.According to the official document, CNMV has issued warnings on 11 entities on Aug. 16 for not being registered in the corresponding registry of the commission. The listed entities, which include major crypto trading platforms such as Huobi and Bybit, are not authorized to provide investment services within Spain. CNMV’s consulting page states that only registered companies have the authorization to provide services related to securities. While the securities watchdog does not have the authority to directly ban an entity from operating in

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Źródło: https://cointelegraph.com/news/spanish-officials-issue-warning-on-huobi-and-bybit-crypto-exchanges

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