CNMV to Supervise Finfluencers and Create Department for Investor Protection in 2025, Focusing on Cryptocurrencies and New Market by June

The Comisión Nacional del Mercado de Valores (CNMV) is set to enhance investor protection by increasing oversight of financial influencers, also known as 'finfluencers'. Starting in 2025, the CNMV will supervise compliance with investment recommendations from these influencers. Additionally, the agency plans to establish a special department dedicated to safeguarding retail investors, particularly in the realms of cryptocurrencies and financial fraud. The CNMV anticipates that a new market designed to facilitate initial public offerings will be operational by June 2025.