Italy’s CONSOB Blocks Five More Illegal and Potentially Fraudulent Websites

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Italy’s Companies and Exchange Commission (CONSOB) announced that it has continued to block access from Italian territory to five more unauthorized and potentially fraudulent investment websites. They include: bitbinx.ltd of Bitbinx.ltd, fx-vita.com of Fx-vita, impresamarkets.com of ImpresaMarkets, keysreim.io of Keysreim and orionusdeal.com of Ether Arena Ltd.

CONSOB has the power to order Internet Service Providers (ISPs) to deny access from Italian territory to websites offering financial services without a valid authorization. The regulator started doing this in July 2019 and the number of blocked websites so far is 935. Most of these websites offer CFD trading on currency pairs and cryptocurrencies.

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