cryptolicit

CoinBank Exchange: regulator warning

Listed by 🇮🇹 Italy among the entities providing crypto-asset services without authorisation.

Flagged as non-compliant under MiCA

Commissione Nazionale per le Societa e la Borsa (CONSOB) found that CoinBank Exchange was offering crypto-asset services to the public — decision of 4 March 2025 — without the authorisation required by Article 59 of MiCA. It is not an authorised provider, and nothing on its websites is covered by EU investor protection rules.

Name used
CoinBank Exchange
Websites named by the regulator
https://coinbankexchange.icu
Shown as text on purpose — we do not link to them.
Regulator
Commissione Nazionale per le Societa e la Borsa (CONSOB)
Decision date
4 March 2025
ESMA infringement case
No
Register entry updated
6 March 2025

How this warning fits the pattern

CoinBank Exchange is the 3rd of 161 entities that CONSOB has reported to ESMA as non-compliant since 12 February 2025, out of 170 in the whole EU list. The decision came in a batch: 9 warnings from the same regulator carry a date in March 2025. A single web address is named; unlicensed platforms frequently reappear under new domains, so a different address using the same name deserves the same caution.

If you have dealt with CoinBank Exchange

Do not send any further funds, including "fees", "taxes" or "unlocking deposits" requested to release a withdrawal — that request is the usual second stage of the same scheme. Keep every record: screenshots, transaction hashes, bank transfers, chat logs. Report the case to Commissione Nazionale per le Societa e la Borsa (CONSOB) and to your local police; if you paid by card or bank transfer, ask your bank about a chargeback or recall immediately.

Operations like this one often resurface under a new name and domain within weeks. If you meet a similar site, check its domain against the register before trusting it, and compare with the authorised providers — a genuine licence is always verifiable by legal name and LEI.

Other warnings from Italy

Source: ESMA interim MiCA register, list of non-compliant entities (NCASP.csv), as reported by Commissione Nazionale per le Societa e la Borsa (CONSOB). Methodology.