In line with a recent report published, the Spanish National Exchange Commission (CNMV) has listed another 23 unauthorised forex and cryptocurrency entities to its ‘warning list‘ recently.
Among the corporations mentioned to the list is Blonde Bear OÜ, conjointly named as Black Parrot Ltd., which claims to be a forex and cryptocurrency exchange operator, however reportedly operates in Spain without any license.
The company, that operated on the ‘trade111.com‘ and ‘tradex1.com‘ domains, has conjointly been flagged by the Polish Financial Supervision Authority for its operation’s in Poland without any required license.
Another company listed to the CNMV’s warning list is Dax300, also called Brown Fox Ltd., for its unlicensed operation in Spain. This company is accounted in the trading of smart contracts for difference (CFD) tracking cryptocurrencies, commodities and forex.
As reported by Etherdesk earlier in Dec. last year, Spain was among the seven countries that have signed a declaration calling for facilitating the promotion of DLT [Distributed Ledger Technology’s] use within the European regions.
Even in Dec. last year, Spanish renewable energy company ACCIONA Energía declared that it planned to deploy ‘blockchain‘ to trace electricity generation.