The Bank of Portugal (BdP) warned today that the entities “BTC Evex 360”, “BTC ifex 360” and “Bitcoin 360 ai” are not authorized “to carry out activities with virtual assets and to receive deposits or other repayable funds”.
According to a statement released today, the BdP indicated that “the alleged entities” “BTC Evex 360”, “BTC ifex 360” and “Bitcoin 360 ai”, operating “through a series of domains, namely https://bitcoin360-ai.co/pt/ , https://bitcoin360ai.com/pt/, https://bitcoin360-ai.io/, are not currently, nor have they ever been, authorized to carry out, in Portugal, any financial activity reserved for institutions subject to the supervision of the Bank of Portugal”, namely, it warned, “activities with virtual assets and receiving deposits or other repayable funds”.
The BdP also warned that “on social networks, pages/publications of false content are circulating, involving public figures and/or the name of the Bank of Portugal, falsely associating them with virtual asset trading platforms”, advising “prior to joining any of these platforms” to “consult the list of entities registered with the Bank of Portugal that can carry out activities with virtual assets in national territory” and other information.
The BdP recalled that “activities with virtual assets”, provided for in Law 83/2017, of August 18, when they are “carried out in the name and on behalf of clients and by a person or entity acting in national territory”, can only “be carried out by entities that are duly registered with the Bank of Portugal”.
In addition, he pointed out, “the activity of receiving deposits or other repayable funds, provided for in article 4(1)(a) of the General Regime for Credit Institutions and Financial Companies (approved by Decree-Law no. 298/92 of December 31), is reserved for entities authorized to carry it out, in accordance with the provisions of article 10 of that law and whose list can be consulted on the Bank of Portugal’s website.”
