Italy’s Companies and Exchange Commission (CONSOB) has announced that it has ordered the blocking of access from Italian territory to five more unauthorized investment websites. They include: 4capital.io of GrouPolo; global-investousfx.com of Globalinvestous; tradebaionics.com of Tradebaionics; tradon.pro of Ingenue Consulting LLC, and unionsmarket.group of Bodacious Consulting LLC.
CONSOB has the right to order Internet service providers (ISPs) to deny access from Italy to websites offering financial services without proper authorization. The total number of sites blocked by CONSOB has increased to about 690. Most of these websites offer CFD trading on currency pairs and cryptocurrencies.