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

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Mark Brennan
Author: Mark Brennan
Less than 1 min.read
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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.




Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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