• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
Bitcoinist.com
No Result
View All Result
france crypto
Nexo

France Authorities Warn Residents Against Unauthorized Crypto Websites

Tolu Okuwoga by Tolu Okuwoga
8 months ago
in Crypto News
0

Like other countries, Authorities in France have recently warned investors against unauthorized crypto services.

Two regulators, Autorité des Marchés Financiers (AMF) and Autorité de Contrôle Prudentiel et de Résolution (ACPR), have updated the list of blacklisted platforms that offer crypto and foreign exchange (Forex) investments without proper authorization. The AMF published this list on its website on Friday.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

The AMF regulates the French financial marketplace, its participants, and the investment products distributed via the markets. It also ensures that investors are properly informed. Additionally, it is a driving force behind the regulatory change at both European and international levels.

Related Reading | Singapore and France Set To Trial Global Transactions Through CBDCs

The ACPR preserves the stability of the financial system and protecting customers. The Authority also represents France in the international and European bodies responsible for supervising the insurance and banking industries.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

French Regulators’ Blacklist

Along with twelve forex-related sites, the published list also included four websites related to crypto derivatives investments.

According to the regulators, the listed platforms have been offering investment services without proper authorization. The AMF and ACPR regularly update this list to protect investors from potentially fraudulent investments. The authority also included links to the list of authorized entities for investors to consult.

“To ensure that the intermediary offering you financial products or services is authorized to operate in France, you may consult the register of authorized investment service providers (https://www.regafi.fr) or the list of authorized intermediaries in the financial investment advisor (FIA) or crowdfunding (CIP) categories (https://www.orias.fr/search).”

Total crypto market cap on TradingView.com

Total crypto market cap rises to $2.155 Trillion | Source: Crypto Total Market Cap from TradingView.com

The regulators also advise investors not to use the services of any intermediary not included in any of these two lists.

The AMF’s latest warning comes after Paris-based alternative asset manager Melanion Capital launched a Bitcoin (BTC) exchange-traded fund (ETF) in early August. Jad Comair, CEO of Melanion Capital, reportedly said that getting approval from the AMF was a challenge. He explained that this may be because of the “sensibilities and politics currently surrounding Bitcoin and Bitcoin investing.”

Global Warnings Against Unauthorized Crypto Services

Recently authorities in many countries have also issued out similar warnings to the public against unauthorized crypto platforms.

Related Reading | South Africa Regulator Warns Against Crypto Exchange Binance

Binance, the world’s largest crypto exchange, has been blacklisted in different countries. The authorities claim that the exchange did not have the required authorizations to offer certain services. South Africa, Italy, Singapore, South Korea, and Hong Kong are some of the countries where Binance has faced regulatory issues.

In August, the Australian Securities and Investments Commission (ASIC) urged Australians to be wary of investing in crypto-asset through unlicensed entities.

Featured image by Crypto.IQ, Chart from TradingView.com

 

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Tolu Okuwoga

Tolu Okuwoga

Related Posts

StepN

StepN Explodes In Popularity, Native Token GMT Soars To $860 Million Market Cap

7 hours ago
Davos 2022: Billionaire Ray Dalio Calls The Blockchain Great; Says He Holds Bitcoin

Davos 2022: Billionaire Ray Dalio Calls The Blockchain Great; Says He Holds Bitcoin

10 hours ago
Luna Foundation Guard Under Fire, Korean Authorities Tells Exchanges To Freeze Assets

Luna Foundation Guard Under Fire, Korean Authorities Tells Exchanges To Freeze Assets

15 hours ago
Pharma Bro

‘Pharma Bro’ Martin Shkreli Traded Crypto Behind Bars – Here Are Some Reactions

21 hours ago
Fed Report: 12% Of American Adults Invested In Crypto In 2021

Fed Report: 12% Of American Adults Invested In Crypto In 2021

1 day ago
US Rep Madison Cawthorn Under Investigation For Promoting Meme Crypto Token

US Rep Madison Cawthorn Under Investigation For Promoting Meme Crypto Token

2 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.