The UK’s Financial Conduct Authority (FCA) has issued a warning to investors concerning Bitfinex, which it states may be promoting financial services or products without the regulator’s authorization.
The regulator said in the warning:
“[Bitfinex] may be promoting financial services or products without our permission. You should avoid dealing with this firm.”
The FCA’s warning comes with a stern caution to potential investors, stating that individuals engaging with Bitfinex will not have access to the Financial Ombudsman Service for resolving complaints.
Additionally, they will not be protected by the Financial Services Compensation Scheme in case of adverse events.
Bitfinex response
Bitfinex responded to the listing by saying it is “disappointed” by the FCA’s actions. In a statement seen by CryptoSlate, it wrote:
“Over the past four months, Bitfinex has held detailed discussions with the FCA and has proactively taken measures to meet the FCA’s requirements, includi
We współpracy z: https://cryptoslate.com/financial-conduct-authority-warns-uk-investors-not-to-engage-with-bitfinex/
