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Home Crypto News Market Crypto Exchanges Huobi And Bybit Gets An Official Warning From Spanish Regulator

Crypto Exchanges Huobi And Bybit Gets An Official Warning From Spanish Regulator

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Spain National Securities Market Commission (CNMV) has warned 12 companies, including Huobi and ByBit, about their trading and investment activities in Spain without the required licenses.


The CNMV said in a statement that these institutions are not registered with the Commission and therefore not authorized to provide investment services or other trading activities without CNMV supervision.

spain warning to bybit and huobi 1

spain warning to bybit and huobi 1

The warning says that crypto exchanges Huobi and ByBit provide investment services without the required license, the warning also targets 10 more firms with similar activities.




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Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Ammara authored more than 1,000 stories for TheCryptoBasic, CryptoComes and other fintech media outlets. She is particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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