The Autorité des Marchés Financiers (AMF), in collaboration with the Prudential Supervision and Resolution Authority (ACPR), has released a list of websites offering unauthorized investments in Forex and crypto-assets derivatives in France. The announcement was made in a news release on January 14, 2025.
According to the AMF, several unauthorized websites have been identified. Recently added sites in the Forex category include arowinvest.pro, basup.net, and capitus.net. In the crypto-assets derivatives category, new additions are aisavingexperts.com, arlequininvest.io, and avaxmarkets.com. Since early 2024, the AMF and ACPR have added 51 unauthorized Forex websites and 50 crypto-assets derivatives websites.
The AMF has blacklisted the digital asset trading platform BYBIT since May 20, 2022, due to non-compliance with French regulations. BYBIT is not registered as a Digital Asset Service Provider (DASP), which is mandatory under the Monetary and Financial Code for platforms offering digital asset services in France. The AMF warns that BYBIT's operations are illegal and reserves the right to block its website. Investors are urged to secure their assets and consult the AMF's white list of registered providers before engaging in crypto asset investments.
The ACPR, supported by the Banque de France, oversees banking and insurance sectors in France. Its responsibilities include ensuring sector stability, contributing to European and international initiatives, and fostering innovation within its regulatory framework.
The AMF is an independent public authority responsible for overseeing financial markets, market participants, and investment products in France. It ensures that investors are informed and that markets operate orderly. The AMF also engages in regulatory development at European and international levels, focusing on areas such as sustainable finance and digital changes' impact on the economy. It functions through two main bodies: the board and the enforcement committee.