FMA Austria warns against Crypto Hedge Trading

Reason:
Unregulated
Comment:
cryptohedgetrading.com (“Crypto Hedge Trading”)

is not entitled to carry out banking transactions in Austria that require a licence. Therefore the acceptance of funds from other parties for the purpose as deposits (deposit business) is not allowed pursuant to deposit-taking business Article 1 para. 1 no. 1 BWG.
Date: 07/11/2018
Link: https://www.fma.gv.at/en/category/news-en/investor-warning/