The FMA may notify the public by way of publication on the Internet, or in a newspaper with nationwide circulation that a named natural or legal person is not authorised to perform certain banking transactions (Article 1 para. 1 of the Austrian Banking Act (BWG)), provided that this person has given cause for such action and informing the general public that is proportionate with regard to any potential disadvantages for the affected parties.
By publication in the official gazette “Amtsblatt zur Wiener Zeitung” on 26.01.2021, the FMA hereby informs that
Cryptofundfx Ltd.
with its registered address apparently at
50 Jermyn St, St. James’s, London SW1Y 6LX,
United Kingdom
Chemin du Canal 5, 1260 Nyon,
Switzerland
207 Bank St #452, Ottawa, ON K2P 2N2,
Canada
www.cryptofundfx.com
is not entitled to carry out banking transactions in Austria that require a licence. The provider is therefore not permitted to trade on a commercial basis (Article 1 para. 1 no. 7 BWG).