top-crypto-news.org
No Result
View All Result
  • Home
  • Bitcoin
  • NFT
  • DeFi
Bitcoin ticker
Bitcoin
$30374
BTC
Ethereum ticker
Ethereum
$2083.83
ETH
BNB ticker
BNB
$306.75
BNB
Cardano ticker
Cardano
$0.582126
ADA
Solana ticker
Solana
$55.71
SOL
Bitcoin ticker
Bitcoin
$30374
BTC
490.86
Ethereum ticker
Ethereum
$2083.83
ETH
60.
BNB ticker
BNB
$306.75
BNB
10.13
Cardano ticker
Cardano
$0.582126
ADA
0.019
Solana ticker
Solana
$55.71
SOL
2.37
  • Home
  • Bitcoin
  • NFT
  • DeFi
No Result
View All Result
top-crypto-news.org
No Result
View All Result
top-crypto-news Estafas

Spain’s CNMV will ask for rule to sanction Google, Twitter, Meta and other networks if they publish scam ads

Alex Coin
April 8, 2022
Reading Time: 4 mins read
0
warning

Among the warnings of the CNMV, are the ads of pirate companies that take advantage of the fever for what the institution calls the “fashionable asset”: cryptocurrencies.

RELATED POSTS

Regulador en California contempla revocar prohibición a donativos cripto para financiar campañas políticas

Block World Tour comes to Cartagena with NFT, metaversos and ‘Play to Earn’ games

Creator of Onecoin is listed by Europol “among the most wanted in Europe” and gives reward to anyone who reports her

***

As we know – we all live it every day – there are many pirate companies or financial chiringuitos that are doing their business and making money with ads on search engines such as Google or social networks calling people to invest investing is when you put money in a financial scheme with the intent of making a gain. in them, either with cryptocurrencies, Forex trading and other types of investments. We know that innocent people fall into their game and do not realize that they have fallen for a scam until they lose their money. And, even if the victims report them, these companies continue to advertise in social networks.

But now the National Securities Market an area or arena, online or offline, in which commercial dealings are conducted. Commission (CNMV) of Spain seeks to put an end to advertising in search engines and social networks of the so-called ‘financial chiringuitos’.

This was announced by the Chairman of the CNMV, Rodrigo Buenaventura, during the event Supervisor, Cryptoassets and Advertising: good practice in the sector’, organized by theAsociación Española de Fintech e Insurtech (Aefi). There, Buenaventura has warned that many of the criminals and those responsible for financial fraud are taking advantage of the cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. boom to scam a scheme that is designed to dupe people out of cash or crypto. potential investors, as they have historically done with the “hot asset” of the moment.

Unjustifiable, says Buenaventura

“In my opinion, it is unjustifiable that companies that spread a price difference between asking and selling prices of the asset. paid advertising on social networks or search engines profit by admitting ads from pirate entities, which are publicly warned as ‘financial chiringuitos’. And, even more so, that by doing so, they endanger the savings of their users and customers, some of whom fall into this type of fraud”, Buenaventura assures.

In fact, the CNMV said that will turn to the Government of Spain to request a new regulation to ban and directly sanction platforms such as Google, Twitter, Meta o Instagram if they refuse to stop broadcasting advertisements about such entities no reconocidas por el supervisor para la inversión en España. Vale aclarar que primero les está pidiendo que se autorregulen y que, si no lo hacen, entonces recurrirá a las acciones normativas.

Warning to search engines and networks

Buenaventura’s words were published on the CNMV’s Twitter account:

Today at the event “Supervisor, crypto-assets and advertising: good industry practice #cripto ” organized by @asocfintechins :pic.twitter.com/DNFf90AkFC

– CNMV (@CNMV_MEDIOS) April 5, 2022

In another tweet today, moreover, the CNMV once again issues a warning about crypto as an investment:

#eyeoconcrypts #becryptoaware pic.twitter.com/zBrDE8me0R

– CNMV (@CNMV_MEDIOS) April 6, 2022

He also shared a list of organizations and companies with false or unverifiable identities, which claim to be registered with international entities and are not.

Warnings from entities not registered with international supervisors:https:https://t.co/xXber7wlHy #UnregisteredEntities #CNMV pic.twitter.com/FrTgnFbh9F

– CNMV (@CNMV_MEDIOS) April 6, 2022

According to the account an account is essentially a whose purpose is to track the financial activities of a specific asset/El Mundo, the CNMV has verified that the vast majority of fraud cases that are currently being investigated or tried in the National Court, with an economic damage of hundreds of millions of euros, were initially warned as unauthorised entities by the CNMV.

Advertising Circular

The measure is one more of those carried by the CNMV e The fight against scams is still ongoing. In January, a circular on crypto advertising came into force which empowers the Commission itself to monitor massive crypto advertising campaigns, considering as such those that target 100,000 people or more. This surveillance also extends to influencers who promote investment promotion content.

Antes, en noviembre de 2021 la CNMV had issued a warning, from both advertising and investing in cryptocurrencies.

The World In his speech, Buenaventura reported that since the entry into force of the Circular, a total of 118 advertising pieces were reviewed in a total of 20 files. . Of these, two thirds are direct communications from the institutions themselves, while the remainder correspond to the CNMV’s own supervisory initiative. In addition, since mid-February the CNMV has received more than a dozen queries related to this issue.

As we said, the CNMV today released a list of some entities that are not registered with international supervisors and are masquerading as if they are. In the list there are several crypto-related companies.

Sources: Twitter, CNMV , Bitcoin.com , The World , archivo

Version of DiarioBitcoin

Imagen de Unsplash

ShareTweetPin

Alex Coin

Cryptoinvestor. I follow the world of cryptocurrencies. Looking for the most relevant and significant news for you :)

Related Posts

bitcoin pago
California

Regulador en California contempla revocar prohibición a donativos cripto para financiar campañas políticas

May 17, 2022
bwt cartagena
Eventos

Block World Tour comes to Cartagena with NFT, metaversos and ‘Play to Earn’ games

May 16, 2022
wanted
Estafas

Creator of Onecoin is listed by Europol “among the most wanted in Europe” and gives reward to anyone who reports her

May 14, 2022
Bank of Spain
Banking and Payments

Bank of Spain Governor calls for rapid regulation of cryptocurrencies and DeFi

May 13, 2022
Regulation

U.S. Treasury Secretary Janet Yellen says UST and USDT declines are not a risk to the country

May 13, 2022
alemania-unsplash
Cryptocurrencies

Germany decrees BTC and ETH sales tax-free after holding assets in escrow for one year

May 12, 2022
Next Post
usa-unsplash

American Bank to offer Bitcoin and Ether trading to customers after partnering with Bakkt

shopify

Jack Mallers announces Bitcoin integration on Shopify, and you can pay at thousands of merchants

Bitcoin news

hate-bitcoin-unsplash-canva

Billionaire Charlie Munger goes against Bitcoin again: “I wish it had never been invented”

December 3, 2021
up down

As Bitcoin hovers around USD $57,000, Cosmos and Polygon rise more than 15% on Dec. 3

December 3, 2021
fallen

Bitcoin plummets 17%, other cryptocurrencies fall, El Salvador takes advantage to buy BTC

December 4, 2021
top-crypto-news.org

Recent Posts

  • Spotify tests NFTs and Morgan Stanley suggests sector could be next to fall after UST
  • Investor who lost $2 million in Terra broke into Do Kwon founder’s home
  • NASDAQ announces partnership with XP to launch new Bitcoin exchange in Brazil

© 2021 top-crypto-news.org

No Result
View All Result
  • Home

© 2021 top-crypto-news.org