Spain: CNMV Investigation into Miolo Desarrollos regarding cryptocurrency advertising
Progress
Current status
under deliberation
31 Oct 2023 under deliberation
Scope
Implementers
Spain
Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
online advertising provider
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Opened CNMV investigation into Miolo Desarrollos regarding cryptocurrency advertising
On 31 October 2023, the Spanish Executive Committee of the National Securities Market Commission (CNMV) launched an investigation into Miolo Desarrollos concerning two extensive online advertising campaigns carried out in September and November 2022…
SourceEvent type
investigation
Action type
announcement
Government branch
executive
Government body
other regulatory body