Spain's CNMV warns against four crypto firms lacking MiCA license
- —The CNMV warning names GDLP, Exchsec, ZSYSC and CMC Group Markets
- —None of the firms is registered to offer services supervised by the CNMV
- —The notice is not a fraud ruling but flags the absence of authorization
- —CNMV advises checking legal names and domains against official registers before depositing
Why it matters: Spain is tightening MiCA enforcement: dealing with unlicensed firms leaves clients without legal protection and makes recovering funds harder.
Source: BeInCrypto ES