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The Spanish National Securities Market Commission (CNMV) stated that after reviewing the social media content of nearly 100 crypto investment influencers (finfluencers), approximately 10% were found to be in violation, including failure to disclose conflicts of interest, directly posting investment advice, and providing personalized investment consulting without proper licensing.
The regulatory agency indicated that those involved may face financial penalties if they do not make the necessary corrections. The review covered promotional content for Bitcoin and other crypto assets and was carried out in accordance with regulations such as the EU MiCA Regulation. (CriptoNoticias)