The Comisión Nacional del Mercado de Valores warned the public against AlyCoin. It has provided customers with financial services in violation of the second paragraph of Article 17 of the Securities Markets Law. A Spanish financial watchdog has issued a warning against Ethereum (ETH)-based token dubbed AlyCoin. The Comisión Nacional del Mercado de Valores has sent out a warning to the public against AlyCoin as it the coin is registered neither in Spain nor in the corresponding registry and thus promotes unregulated initial coin offerings (ICOs). It is detailed that AlyCoin purportedly been providing its customers with financial services in violation of the second paragraph of Article 17 of the Securities Markets Law.# AlyCoin describes itself as an independent token based on Ethereum. The company’s ICO phase is scheduled to take place from Dec. 24, 2018, to Dec. 24, 2019, in which time AlyCoin is planning to distribute 35 million tokens in lots of 5 million each with a starting price of $0.10 per token in the first lot. The company further claims to be ready to release over 82 million tokens to the market. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next US Dollar Index loses momentum near 97.90 FX Street 3 years The Comisión Nacional del Mercado de Valores warned the public against AlyCoin. It has provided customers with financial services in violation of the second paragraph of Article 17 of the Securities Markets Law. A Spanish financial watchdog has issued a warning against Ethereum (ETH)-based token dubbed AlyCoin. The Comisión Nacional del Mercado de Valores has sent out a warning to the public against AlyCoin as it the coin is registered neither in Spain nor in the corresponding registry and thus promotes unregulated initial coin offerings (ICOs). It is detailed that AlyCoin purportedly been providing its customers with financial… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
