warns Archives -
The last time a CNN crew got to fly over the South China Sea with the US Navy was in 2015, when a stern warning was issued by China’s military to keep away from what it says is China’s territory. On Friday, CNN got another “rare look” at this region,…
Is it football season already? It must be, based on President Trump’s tweets from Friday morning. After reports filtered out about some NFL players kneeling, raising their fists, and taking part in other forms of protest during preseason games on Thursday evening, Trump once more railed against those who did…
On learning that the mother and daughter at the center of a lawsuit before him were being deported, a federal judge called the move “outrageous” and ordered its reversal. US District Judge Emmet G. Sullivan warned Attorney General Jeff Sessions and Homeland Security officials that they could be held in…
The European Union said it would retaliate if President Donald Trump slaps tariffs on car exports to the U.S., cautioning Washington against unilateral measures that threaten global free-trade.
WSJ.com: What’s News Europe
Former FBI Director James Comey on Tuesday said “history has its eyes on us” and encouraged people to vote for Democrats in the upcoming midterm elections.
President Donald Trump said Friday that European leaders “better watch themselves” because immigration is “changing the culture” of their societies.
CNN.com – RSS Channel – World
A Florida man is warning pet owners to keep a close eye on their dogs this summer after a routine trip to the beach led to the freak death of his beloved black Labrador Retriever, O.G, this week.
General Motors Co. issued a stern warning to the Trump administration that it could shrink U.S. operations and cut jobs if tariffs are broadly applied to imported vehicles and auto parts.
“Increased import tariffs could lead to a smaller GM, a reduced presence at home and risk less — not more —…
France’s financial markets regulator has issued a new warning against unauthorized platforms offering cryptocurrency investments. The regulator has added four websites to its list of blacklisted domains offering crypto investments without authorization.
French Regulator’s Warning
The French financial markets regulator, the Autorité des Marchés Financiers (AMF), on Monday warned “the public against several companies proposing atypical investments without being authorized to do so.”
The AMF is an independent public authority responsible for ensuring that savings invested in financial products are protected. According to Law no. 2016-1691 on transparency, no investment offer can be directly marketed in France without a registration number or prior approval by the AMF.
Alongside Monday’s warning, the regulator also published a list of four “new unauthorized websites offering atypical investments.” The four websites are bitoraxe.com, solutioncrypto.com, solution-crypto.com, and connect-coin.fr. At the time of this writing, connect-coin.fr is already offline. The other three are still live but solution-crypto.com redirects all traffic to solutioncrypto.com.
The AMF previously published a list of 15 websites offering crypto investments without authorization. The regulator maintains three lists of unauthorized websites – one for forex products, one for binary options, and one for other goods including diamonds, wines, and cryptocurrencies. The agency started keeping track of blacklisted sites in July last year and began including crypto sites in December.
AMF Concerned About Crypto
The AMF has been tracking losses in cryptocurrencies through its Epargne Info-services center, which receives investment complaints and claims. During the AMF’s annual report presentation last month, Chairman Robert Ophèle said:
During the first four months of the year, out of the more than 4,000 requests processed by our Epargne Info-services center, 700 concerned crypto-assets with nearly 250 claims or reports reporting more than € 9 million (~US$ 10.43 million) in losses.
He added that cryptocurrencies have taken over binary options and highly leveraged contracts for difference (CFDs) as the most pressing problem.
France is currently creating a legal framework for initial coin offerings (ICOs), which is expected to be finalized next year. The agency started clamping down on bitcoin derivatives in February. In April, the country slashed the tax rate on crypto capital gains from 45% to 19%.
What do you think of the AMF warning investors of these unauthorized platforms? Let us know in the comments section below.
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