The Spanish National Securities Market Commission (CNMV) and the Netherlands Authority for the Financial Markets (AFM) have issued separate warnings urging the public to avoid unregistered financial institutions. The CNMV highlighted the risks of 'Chiringuitos Financieros'—entities operating without regulatory oversight—while the AFM specifically named Talvurieks, Nalvurikenz, Welkrotivax, Blue Fire Consulting, Prominent Hold Global, and IFC Investing as entities to avoid.
Both warnings, issued on July 22, 2026, come amid a backdrop of mixed crypto market signals and rising concerns over investment scams. The regulators stressed the importance of verifying registration before engaging with any financial firm, noting that unregistered entities often target unsuspecting investors in volatile markets. These actions reinforce the ongoing commitment of European authorities to combat fraud and protect consumers in the evolving digital asset landscape.
