CRYPTO NEWS AROUND THE GLOBE

Will Bitcoin reach a new ATH in less than 10 days?

Binance adds Ethereum Omni Network project to Launchpool

Last weekend before the halving: What does the price of Bitcoin have in store for us?

How Bitcoin’s record run could ignite a $2.5bn ‘powder keg’ of short interest

‘Tokenized Hedge Fund’ Rakes in Crypto Billions With 37% Yield

Marathon CEO Says Bitcoin's Upcoming Halving Event is Already Partially Priced In

Cryptocurrencies On Solana: Return To The Niche For Memecoins?

Spot bitcoin ETF cumulative trading volume crosses $200 billion

EU's MiCA Rules Have Had Little Influence on the European Crypto Market, Regulator Says

Monad raises $225M with its Ethereum compatible blockchain

Cardano Slips to 10th Position, Underperforming in a Surging Crypto Market – Market Updates Bitcoin News

Funding for blockchain startups on the rise with the crypto rally

Crypto investors now have better protection

Crypto investment products see record year-to-date inflows of $13.8 billion

Ripple chief sees crypto market doubling in value in 2024

AMF Threatens Bitget: Potential Block in France for Crypto Platform!

EU Watchdog Says Reordering Blockchain Transactions Might Be Market Abuse. Industry Says It's Not

The UK has a plan to help its financial industry seize $14tn tokenisation opportunity

7 Central Banks, including the Banque de France, are starting to explore tokenization to secure monetary exchanges

A European FinTech Hub Prepares to Get Tough on Crypto Companies

Crypto: Market Poised For Positive Second Quarter, Coinbase Says

Bank of England, FCA target autumn 2024 as earliest starting date for first UK Digital Securities Sandbox cohort

Binance breaks silence on Nigerian crisis by insisting detained exec has ‘no decision-making power’

Binance announces the listing of the Wormhole (W) token

D-7 before Paris Blockchain Week – What to expect?

Cryptocurrencies In Paris: Poubelle Coin And $ratp Invade The 2024 Olympics

Report by Bitget Reveals 1.5 Million Daily Active Crypto Traders in Western Europe

Global crypto funds rebound with nearly $900 million in net inflows last week

Stablecoin delistings in Europe spell change for crypto exchanges, issuers

Demystifying EU crypto legislation, insights from former Icelandic Central Bank chairman

All Crypto News Around The Globe

KNF adds Crypto.com to warning list

Kris Marszalek, co-founder & CEO of Crypto.com | Crypto.com

By Crypto Republique

Nov 12, 2024

The Polish Financial Supervision Authority (KNF) has added four entities to its public warning list, including Foris DAX MT Limited, operating as Crypto.com. This development was reported by Forex Club and highlights regulatory concerns regarding these entities.

According to Forex Club, the warning follows a notification concerning illegal investment activities under the Act on Trading in Financial Instruments. Specifically, it relates to operations conducted without the necessary KNF authorization.

The KNF's list also includes Vintanse Group, suspected of operating as a scam, along with Hudson Hill Trust S.A. and ENTER Marcin Żabiński. These companies have been flagged for potential violations of financial regulations. Authorities have advised the public to remain cautious.

Get the Newsletter

Sign-up to receive weekly round up of news from Crypto Republique

Crypto.com is a platform facilitating the buying, selling, and trading of over 350 cryptocurrencies, including Bitcoin and Ethereum. It offers services such as zero-fee USD deposits, access to a Commodity Futures Trading Commission (CFTC)-regulated crypto derivatives market, a rewards program, and a Visa card providing cashback on purchases. Established in 2016, Crypto.com claims over 100 million users globally and provides additional features like recurring buys and crypto earn options through its app.

The Polish Financial Supervision Authority (KNF) oversees Poland's financial market. Its responsibilities include licensing and regulating financial institutions such as banks, insurance companies, and pension funds. The KNF monitors compliance with legal requirements and can impose penalties or revoke licenses if necessary. It issues recommendations to improve market practices and conducts control procedures within supervised entities independently of external requests but reviews reports of irregularities as part of its supervisory duties.

Forex Club is an informational website about the Forex currency market that provides details on brokers and other companies in the market along with tools and programs.

Organizations Included in this History

Polish Financial Supervision Authority

More News

Crypto Comments

Loading...

No comments available.