TechFlow news, November 7 — According to Cointelegraph, the Polish Financial Supervision Authority (KNF) has issued a public warning against Foris DAX MT, a Malta-based company operating under the brand Crypto.com, alleging unauthorized financial activities in Poland. The KNF warning is not a ban but serves to alert Polish investors to consider potential risks associated with the platform.
This warning is significant, yet KNF has not blacklisted the company. In Poland, KNF's public warning list informs citizens about entities that may be engaging in unauthorized financial activities.
Jacek Bardzczewski, head of the KNF department, explained that under Polish law—specifically Article 178 of the Act on Trading in Financial Instruments—entities offering brokerage or investment services must hold appropriate licenses to operate legally.
