The list contains several crypto firms among companies trading without the correct licenses.
The National Securities Market Commission (CNMV), Spain’s principal financial regulator, has published a list of 18 companies operating in the country without a proper license.
The CNMV published the list on Feb. 26. While it doesn’t contain household names, there are several crypto companies on the list: BITBINX, Crytomerge and CryptoMaxiTrade. According to the regulator:
The regulator acknowledges that its powers are limited, and advises concerned investors to consider going to the ordinary courts of justice.