Italy’s Companies and Exchange Commission (CONSOB) continues with its interventions in the crypto-assets sector thanks to the powers granted to it under EU’s Markets in Crypto-Assets Regulation (MiCAR).
Last month, the Italian regulator ordered the blocking of the websites of two unauthorized crypto services providers. Today, Consob announced that it has ordered the cessation of the abusive offer of crypto-assets called “memecoin $CORONA”, aimed at the Italian public and also promoted via the website www.getcoronamemes.com, without having notified Consob of the information document (white-paper) requested by MiCAR.
Furthermore, six websites were blocked through which crypto-asset services were provided without the authorizations required by MiCAR:
- “Spazio Finanziario” (website www.spaziofinanziario.it and related pages www.clients.spaziofinanziario.com and www.trading.spaziofinanziario.com);
- “HTXcoin-az” (website https://m.htxcoin-az.com);
- “Stock Credit Wallet” (website https://stockcreditwallet.com);
- “Paycraftv.top”/”Paycraftn.top” (websites https://paycraftv.top and https://paycraftn.top);
- “CoinBank Exchange” (website https://coinbankexchange.icu).
Further interventions to combat financial abuse are also continuing. Consob has blocked the following abusive financial intermediation sites:
- “Capitalgates” (website https://capitalgates.io);
- “Tux” (websites https://tuxitu.com and https://tuxamity.com);
- “AquillaFX” (website https://aquillafx.net and related page https://client.aquillafx.net).
In total, 11 sites have been blocked this week. The total number of sites blocked by Consob since July 2019, when the Authority was given the power to order the blocking of the websites of abusive financial intermediaries, has risen to 1,247.
The activities of blocking the sites by the internet connectivity providers operating in Italy are underway. For technical reasons, the actual blocking may take a few days.
