The UK Regulator FCA Added BITASSET into Its Warning List The Financial Conduct Authority (FCA) issued a warning against BITASSET on 2nd March 2023 after finding this broker providing financial services or products in the UK without authorization. https://www.fca.org.uk/news/warnings/bitasset
BITASSET
VisitRisk Level - High
BITASSET
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that BITASSET is an Unregulated broker BITASSET claims to be the trading name of Bit index Capital company. As is mentioned in the "About Us" section on its website, this broker is supposedly under the regulation of the Financial Conduct Authority (FCA) and existing legislations of New Zealand, Cyprus, Texas (US), Australia, and Luxembourg.However, we did not find any matching results to this broker in the above regulatory bodies' registries. The regulatory information it provides has been proven to be false statements to unsuspecting investors. Additionally, it should be noted that FCA has issued a warning against BITASSET to caution investors about this broker for it may be providing financial products or services in the UK without authorization.The truth is, BITASSET is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
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