Belgian Financial Services and Markets Authority issues warning for cryptocurrency company XTB-Markets

On August 21st, the Belgian Financial Services and Markets Authority (FSMA) added another encryption company XTB-Markets to its warning list. According to official statements, FSMA found the encrypted trading platform to be "suspicious" and advised potential investors not to respond to any services on the platform. At present, the number of companies listed on the FSMA warning list has reached 121.