Italy’s Companies and Exchange Commission (CONSOB) has announced that it continues to expand the list of unauthorized financial websites whose access is blocked in Italy. They include: fincloud.world of Surreptitious Group LLC, smarttradecfd.com of Smart Trade Cfd, tradebaionics.net of Tradebaionics, trustgarden.net of Trustgarden Ltd, and uetrades.com of UeTrades.
CONSOB has the power to order Internet Service Providers (ISPs) to block access from Italy to websites offering financial services without the Commission’s authorization. Thus, the number of websites blocked by CONSOB since July 2019 has expanded to nearly 740. Most of these websites offer CFD trading in currency pairs and cryptocurrencies.