The Spanish securities regulator adds 23 Forex and Cryptocurrency changes to the list of warnings

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The Spanish National Securities Market Commission (CNMV) added 23 forex and cryptocurrency entities not authorized to its list of warnings on January 14.

Among the companies added to the list is Blonde Bear OÜ, also known as Black Parrot Ltd., which claims to be a forex and cryptocurrency exchange operator, but which reportedly operates in Spain without a license.

The company, which operated on the domains trade111.com and tradex1.com, was also reported by the Polish financial supervisor to operate in Poland without the required license.

Another company added to the CNMV alert list is Dax300, also known as Brown Fox Ltd., to operate in Spain without a license. This company is involved in the trading of contracts for difference (CFD) that record cryptocurrencies, commodities and forex.

As Cointelegraph reported in December last year, Spain was among the seven countries that signed a declaration calling for help in promoting the use of Distributed Ledger Technology (DLT) technology in the European region.

Also in December 2018, the Spanish renewable energy company ACCIONA Energía announced that it had planned the deployment of blockchain to track the production of electricity.

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