Italy’s Companies and Exchange Commission (CONSOB) announced that it has continued to block access from Italian territory to three more unauthorized and potentially fraudulent investment websites. They include: eibank.io of Caledonia Advisory, onspotcap.com of OnspotBNK, and trade4winner.com of Trade4winner.
CONSOB has the power to order Internet service providers (ISPs) to deny access from Italy to websites offering financial services without proper authorization. Thus, the number of websites blocked by CONSOB since July 2019 has expanded to 927. Most of these websites offer CFD trading on currency pairs and cryptocurrencies.