In Italy, the regulatory body responsible for overseeing financial markets has taken action to block access to several unauthorized investment websites. This measure aims to protect investors from potentially fraudulent or illegitimate online platforms.
The websites recently prohibited include:
– Spreadmarkets, found at https://spread-markets.com and its client page
– BitVex, accessible via https://bit-vex.com
– Financexlimited, with its main site at https://finance-xlimited.com and a client interface at https://client.finance-xlimited.com
– Finco Trades, on https://finco-trades.org and https://web.webfin-trades.org
– Geneve Capital Invest, visible at https://geneveinvesting.com and https://webtrader.geneveinvestingmarkets.com
– Afex Markets, with a site at https://afex-markets.com and its trading interface at https://web-traderx.com
– Spazio Finanziario, located at www.spaziofinanziario.pro and also at https://clients.spaziofinanziario.pro
– Ynln.com, found at www.ynln.com
– Bit Vanetta Limited, presented at https://thebitvanettatrade.com
This recent enforcement is part of a broader initiative to combat illegal financial activities and ensure that investors are only engaging with authorized services. The authority’s actions are based on provisions from various legal frameworks, including those enacted under the “Growth Decree” and recent regulations targeting the protection of consumers in financial markets.
Since mid-2019, the total number of websites that have been blocked by the regulatory body has reached 1,408, reflecting a commitment to ensuring safe trading environments in Italy. Currently, Internet service providers across the country are in the process of implementing these blocking orders, although the complete ban may take some days to reflect fully due to technical considerations.
The actions taken highlight the importance of regulatory oversight in safeguarding investors from unapproved financial services, thereby reinforcing trust in legitimate trading platforms.