Italy's Companies and Exchange Commission (CONSOB) has ordered the blocking of five new websites offering financial services without the necessary authorisation, the latest of which is targeted at:

• “Bitblanco” (website www.bitblanco.com and related page https://webtrader.bitblanco.com);
• “Alphascrypto” (website www.alphascrypto.uk);
• Billionaire Trade Ltd (website https://billionaire-trade.com and related pages https://panel.billionaire-trade.com and https://trading.billionaire-trade.com);
• “Infinity Invest” (website https://infinityinvest.pro and related pages https://office.infinityinvest.pro and https://trade.infinityinvest.pro);
• “CustomhouseCL” (website www.customhousecl.com and pages https://client.customhousecl.com and https://platform.tnxtechno.com).

In issuing the order, the Authority took advantage of the powers conferred by the "Decreto crescita" ("Growth Decree"; Law No. 58 of 28 June 2019, article 36, paragraph 2 - Decree).。According to the decree, Consob can order internet service providers to block access to websites offering financial services from Italy without proper authorisation.。

Since July 2019, when Consob had the authority to order the closure of websites of fraudulent financial intermediaries, the number of websites shut down has risen to 970.。

The closure of these sites by Internet service providers operating in Italy is still under way.。For technical reasons, implementing the lockdown could take days。