Aggregated News From Investment Management Regulators

Public Statement 23 of 2020 – BINARY CRYPTO EXCHANGE

Report/Flag

Please complete the required fields.



PUBLIC STATEMENT

BINARY CRYPTO EXCHANGE

The British Virgin Islands Financial Services Commission (the “FSC”) considers it necessary to issue this Public Statement in order to protect the customers,  creditors or persons who may have been solicited to conduct business by BINARY CRYPTO EXCHANGE and to make the general public aware that the entity has never been licensed or regulated by the FSC to carry on any type of financial services business.

The details are:

BINARY CRYPTO EXCHANGE is circulating a forged investment business licence and is falsely purporting to be authorised and licensed in the BVI for the purpose of carrying out investment business by dealing in investments as an entity licensed and regulated by the FSC.

The FSC hereby informs the public that BINARY CRYPTO EXCHANGE is not and has never been licensed or regulated to carry on investment business, or any financial services business, in or from within the Territory.

Members of the public are advised to exercise extreme caution if solicited at any time to conduct business with BINARY CRYPTO EXCHANGE. The public is invited to provide the FSC with any relevant information on any questionable entities which are purportedly operating in or from within the Territory, and on any improper activities engaged in by such entities.

The FSC has issued this Public Statement pursuant to Section 37A  of the  Financial Services Commission Act, 2001.

Action Date:

Friday, 4 December, 2020

Posting Date:
Friday, 4 December, 2020
Category:
Is Amendment?:
Is Statutory Instrument?:

Source link

Regulator Information

Abbreviation: BVI FSC
Jurisdiction: British Virgin Islands

Recent Articles

Ernesto A. Lanza Named Acting Director of SEC Office of Municipal Securities

Washington, D.C., Dec. 3, 2021 — The Securities and Exchange Commission today announced that Ernesto A. Lanza will serve as Acting Director of the Office of Municipal Securities (OMS). Mr.

Tender regarding the ‘Provision of services of two Office Admins/Telephone Operators

The Cyprus Securities and Exchange Commission (‘CySEC’) wishes to announce that it has issued the public Tender No. 19/2021 for the ‘Provision of services...

Nexus IFA (Clone of FCA Authorised Firm)

Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out...

Blanket Order 52-503 – Exemption from National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure

Regulated Industries FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-oper

Deutsche Wallet (Clone of FCA Authorised Firm)

Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out...

Get the latest from Regulatory.News in your inbox!

×