Luxembourg Financial Watchdog: Crypto Entity Lied About Licensure
Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), says that a seemingly crypto-related entity called Cryptominingoptionsignal claims to be licensed in Luxembourg, but is not. In a warning notice dated Aug. 13, the country’s watchdog simply wrote:
As previously reported by Cointelegraph, Luxembourg-based securitization firm Argento partnered with the London Block Exchange to jointly issue a (BTC)-denominated bond, which is regulated by the United Kingdom’s finance watchdog — the Financial Conduct Authority (FCA). Argento manager Phil Millo remarked:
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