this The Ombudsman, the National Securities Market Commission (CNMV) and the Madrid Community Presidency initiated proceedings before the Ministry of Justice and Interior. To find out if the Mundocrypto Metaverse Day event, which will take place this Saturday at Wizink Center (Madrid), qualifies for the celebration.
The institution started these processes after accepting them for processing. a complaint from an association that has expressed concern about the phenomenon, “common among minors and very young adults.”
The Ombudsman addressed the issue consultancyas the competent authority of the event and CNMVTo report on the subject as a competent institution in financial product transactions.
In case he does not have the necessary permissions to celebrate the event, The Ombudsman requests the above-mentioned authorities to take appropriate measures.
MundoCrypto, the organization company of CNMV, “It does not hold any license to advise on financial instruments or for interim investment transactions in financial instruments.”
Also among the sponsors of the meeting, There are few entities alerted by CNMV like Huobi, Bitget or Bybit, unregistered entities or considered ‘financial bars’.
On his side, CEO of MundoCrypto He argued that he did not need any license from the CNMV, because the company is not a financial entity and does not sell or advise financial instruments, but is committed to education in the digital sector.