The Superintendency of Banking, Insurance and AFPs (SBS) indicates that the company Fluyez Digital Investments SAC does not have the authorization or license to act as a digital bank or for the commercialization of cryptocurrencies.
Said information is made following the company presented itself as the first virtual bank in Peru, and in which it announces the launch of its Crypto Bank of Peru platform to negotiate with cryptocurrencies.
The SBS details that FLuez Digital Investments SAC is registered in the Registry of Companies and Persons that carry out Financial Operations or Currency Exchange of the SBS, like a money exchange according to SBS Resolution No. 02568-2021, issued on September 2, 2021.
Thus, it details what is meant by exchange house to a company dedicated to the purchase and sale of foreign currency, activity that it does not include the trading of cryptocurrencies.
No authorization or license
In the same way, the SBS specifies that the registration in the Registry of Companies and Persons that carry out Financial Operations or Cambio de Moneda does not imply that the SBS has granted an “authorization” or “license”, therefore, they may not use such terms in their .
On the other hand, Fluyez Digital Investments SAC does not have an authorization from the SBS to operate as a bank.
“By using the denomination “bank” or similar, this company is violating article 11, paragraph 4, of the General Law of the Financial System and the Insurance System and Organic Law of the Superintendence of Banking and Insurance (Law No. 26702)” , details the SBS in a statement.
In this way, the company indicates that do not have authorization to operate as a bank, this company cannot promote the collection of savings from the public. Either, can use the logo or the name of the SBS to promote its activities, since these constitute intellectual property of the supervisor and regulator of the financial system.
The SBS is carrying out the corresponding additional investigations and reserves the right to initiate legal actions once morest the persons who are responsible for the infractions of the regulations that regulate the financial system.
