RATE Group | Europe’s First Crypto License Issuer Warns of New Unregistered Crypto Firm
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Europe’s First Crypto License Issuer Warns of New Unregistered Crypto Firm

01 Feb Europe’s First Crypto License Issuer Warns of New Unregistered Crypto Firm

Posted at 02:18h in Cryptocurrency News by

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Major European financial regulator, Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), has spotted another unregistered crypto company.

The firm, Crypto Bull, operating under the url crypto-bull.io, claims to be based in Luxembourg while it does not have permission to provide crypto services in the country, the CSSF announced on Jan. 31.

The warning notice reads:

“The CSSF informs the public that this entity has not been granted any authorisation to provide investment services or other financial services in or from Luxembourg.”

The unregistered firm wants to provide services to British, Spanish and Russian users

According to the website, Crypto Bull positions itself as a “reliable and technologically oriented” platform for cryptocurrency trading. Claiming to be located at 2, place de Paris, 2314 Luxembourg, Crypto Bull does not explicitly note whether the company is licensed or not.

The firm seems to be directing its services to users in the United Kingdom,…

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