Spain's CNMV warns FMYCOIN (fmycoin.com) is not an authorised crypto-asset service provider
On 26 October 2026 Spain's securities regulator, the Comisión Nacional del Mercado de Valores (CNMV), issued a public warning about an unregistered firm, FMYCOIN, operating at https://fmycoin.com. The CNMV says FMYCOI…
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Source: cnmv.es · published
What happened
On 26 October 2026 Spain's securities regulator, the Comisión Nacional del Mercado de Valores (CNMV), issued a public warning about an unregistered firm, FMYCOIN, operating at https://fmycoin.com. The CNMV says FMYCOIN is not authorised to carry on activities reserved for crypto-asset service providers under the EU Markets in Crypto-Assets Regulation (Regulation (EU) 2023/1114), which require prior authorisation under Article 59 of that regulation.
How the scam works
The CNMV notice is a regulatory warning, not a description of how the firm approaches people or whether anyone has lost money, so none of that is claimed here. It was issued under the second paragraph of Article 18 of Spain's Securities Markets and Investment Services Act (Law 6/2023). A firm that isn't authorised can't offer regulated services in Spain, which means investors are outside the supervision and complaints routes that apply to authorised firms.
Under the EU's Markets in Crypto-Assets Regulation, a company must be authorised before it can provide services such as running a crypto trading platform, holding customers' crypto or advising on it. The CNMV says FMYCOIN does not have that authorisation for the activities the regulation reserves. The notice names the site fmycoin.com and nothing else about the operator.
Unregistered crypto platforms often attract users with promises of returns or easy trading, but the CNMV notice doesn't say that is the case here. Before you deposit on any platform, check whether the operator appears on the authorised-provider registers.
Source
Spain CNMV, "CNMV issues warning to the public on unregistered firm" (FMYCOIN), 26 October 2026.
Red flags
- A crypto platform that isn't authorised under the EU Markets in Crypto-Assets Regulation.
- No clear information about the company behind the website.
- A listing on the CNMV's warnings.
- Requests to deposit crypto or money before the platform is verified.
- Promises of returns on a new platform you found through an ad or a message.
If you were targeted
- 1Avoid fmycoin.com and don't deposit money or crypto there.
- 2Check the firm on the CNMV's registers or the EU list of authorised crypto-asset service providers before dealing with it.
- 3If you already paid, contact your bank and keep records.
- 4Call the CNMV enquiry line on 900 535 015 with questions.
- 5Be wary of anyone who offers to recover lost funds for a fee.