# Spain's CNMV Names Four Crypto Unregistered Entities

> Spain's financial regulator names four crypto firms without authorization for regulated services.
- Title: Spain's CNMV Names Four Crypto Unregistered Entities
- Summary: Spain's financial regulator names four crypto firms without authorization for regulated services. Spain's CNMV identified four entities lacking crypto-asset…
- Keywords: spain, cnmv, gdlp, exchsec, zsyec, cmc group markets, crypto-asset services, unregistered financial institutions, crypto, finance, Spain's, Names
- Source: TokenPost — https://tokenpost.com/news/regulation/35019
- Published: 2026-10-19T20:36:43+00:00
- Read time: 1 min
- Topics: spain, cnmv, gdlp, exchsec, zsyec, cmc group markets, crypto-asset services, unregistered financial institutions, crypto, finance
## CNMV Warning
Spain's Comisión Nacional del Mercado de Valores identified four entities without authorization for regulated crypto-asset services in an Oct. 13 warning.
## Four Entities Listed
The entities are GDLP, EXCHSEC, ZSYSC and CMC GROUP MARKETS, each lacking permission for specific crypto-asset services.
## Consumer Advice
The CNMV urged consumers to check authorization before entering financial activity with unregistered institutions.
## Key takeaway

Spain's CNMV identified four entities lacking crypto-asset service authorization: GDLP, EXCHSEC, ZSYSC, and CMC GROUP MARKETS.