Crypto change: tips and sites to avoid to avoid scams

Do repost and rate:

Many individuals have recently invested in crypto-assets, which are very risky and potentially profitable. In this article, discover our focus on cryptocurrency regulation, the three reflexes to have before investing and the AMF's blacklist of sites offering investments in crypto-assets. AMF: THE REGULATION OF MISCELLANEOUS GOODS ALSO CONCERNS THE CRYPTO CURRENCY crypto-asset-blacklist Since the law of 9 December 2016 relating to transparency, the fight against corruption and the modernization of economic life, better known under the name of “Sapin 2”, the financial markets authority (AMF) is responsible for regulate the "miscellaneous goods" such as diamonds, rare earths, but also crypto-assets. Concretely, how does this regulation manifest itself? The AMF, after checking the existence of sufficient guarantees on the quality of the intermediary and of the transaction, as well as on the balanced nature of the promotional documents (they must imperatively present the risks associated with this type of product and not just past performance (which, let us remember, is no indication of future performance) decides whether or not to grant an authorization. Companies authorized to operate are also assigned a registration number by the market gendarme.

 

VIRTUAL CURRENCY: 3 REFLEXES TO HAVE BEFORE INVESTING Learn about the online broker First, check that the financial intermediary with which you want to operate is not on the AMF's blacklist below and that it is well referenced and authorized by the AMF. Be careful, just because the broker is not on this list does not mean that the latter is reliable.

 

As much information as possible about this company should also be obtained (legal status, head office, financial strength, etc.). Finally, even if the site does not appear on the AMF's blacklist of unauthorized cryptoassets sites, check that it is in Regafi's records. If not, avoid dealing with this provider. Please note, we are alerting our readers to the fact that some brokers pride themselves on not appearing in the AMF's blacklist republished on our site (see below) to convince you to open an account with them.

 

Remember that this list is not exhaustive and changes over time. Beware of brokers who use it as an argument and refer above all to the broker's registration in the register of financial agents (Regafi). * Your capital is subject to risk Understand the technology on which cryptocurrency is based Second, before investing in Bitcoin, Ether, Ripple, for example, you should understand the technology behind these virtual currencies. Not only should blockchain technology no longer have any secrets for you, but you should also know what are the characteristics of the cryptoassets you want to buy, know their strengths and limitations. Keep in mind that the risk is very present in virtual currencies Finally, always keep in mind that authorization to practice by the AMF does not mean that the products offered through the intermediary are risk-free. In the case of cryptocurrencies, the risk is real and significant.

 

These are indeed extremely volatile assets. So invest the money you are prepared to lose! Or at least you don't need it. It will undoubtedly be more profitable and interesting than buying lottery tickets, but under no circumstances invest in such financial products the money you need to repay a mortgage or to finance your children's education.

Regulation and Society adoption

Events&meetings

Press Crypto

Ждем новостей

Нет новых страниц

Следующая новость