Crypto Engine and Globalinvestfx among firms to have their websites blocked in Italy
The Italian Companies and Exchange Commission (CONSOB) today announces that it has issued orders for the blocking of access to six websites of entities that offer investment services in Italy without having the necessary regulatory permission to do so.
The six websites targeted by the newly issued orders belong to firms offering Forex, CFD and cryptocurrency trading. These entities are:
- “Lengvin Partners LTD” and “Amados Partners LTD” (https://investfd.io, https://investfd.co);
- “Crypto Engine”(https://it.cryptoengine.app);
- Fx-globalinvest Ltd (https://www.fx-globalinvest.com)
- Globalinvestfx Ltd (https://globalinvestfx.com);
- Fx Leader Italia (www.fxleaderitalia.com).
The registration pages of these websites will be blocked too, under Consob’s orders.
Let’s note that the regulator made use of the powers given to it by the “Growth Decree” (Law no. 58 of 28 June 2019, Article no. 36, paragraph 2-terdecies), on the basis of which Consob can order Internet service providers to block access from Italy to the websites through which financial services are offered without due authorization. Following the latest set of orders, the number of websites blocked under the “Growth Decree” has risen to 318.
The activities for the blackout of the said websites are in progress. For technical reasons it can take a few days to implement them.
Last week, Consob issued orders for the blocking of six other websites, those being the web pages of EX7 Ltd, HanabishiPartners Ltd, Elevate4x Ltd, DBFX Limited, and Golden Dawn (IT).