BITOWNS
On Oct 16, 2025, the Financial Conduct Authority (FCA) issued a warning regarding BITOWNS, suspecting that this company may be offering financial services or products without the necessary authorization. https://www.fca.org.uk/news/warnings/bitowns
On Oct 16, 2025, the Financial Conduct Authority (FCA) issued a warning regarding BITOWNS, suspecting that this company may be offering financial services or products without the necessary authorization. https://www.fca.org.uk/news/warnings/bitownsAccording to its website, it claims to be regulated by the Seychelles Financial Services Authority (Seychelles FSA) and the Cyprus Securities and Exchange Commission (CySEC). Upon investigation, no matching information was found in the Seychelles FSA and CySEC. In addition, the Financial Conduct Authority (FCA) issued a warning regarding BITOWNS, suspecting that this company may be offering financial services or products without the necessary authorization.
In fact, BITOWNS is not regulated by any authority. Therefore, BITOWNS is a scam.
According to its website, it claims to be regulated by the Seychelles Financial Services Authority (Seychelles FSA) and the Cyprus Securities and Exchange Commission (CySEC). Upon investigation, no matching information was found in the Seychelles FSA and CySEC. In addition, the Financial Conduct Authority (FCA) issued a warning regarding BITOWNS, suspecting that this company may be offering financial services or products without the necessary authorization. In fact, BITOWNS is not regulated by any authority. Therefore, BITOWNS is a scam.
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