Spanish regulatory authorities review crypto influencer content; 10% contain violations

2026-04-12 16:07:33

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ME News Report, April 11 (UTC+8), the Spanish National Securities Market Commission (CNMV) after reviewing nearly 100 crypto investment influencer social media contents, found that about 10% contained violations. Violations include failure to disclose conflicts of interest, directly posting investment advice, and providing personalized investment consulting without proper licensing. The regulatory authority stated that if the individuals involved do not make corrections as required, they may face financial penalties. This review covered promotional content for Bitcoin and other crypto assets and was carried out in accordance with regulations such as the EU MiCA Regulation. (Source: MLion)

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