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Cyprus SEC Extends FTX Europe’s License Suspension Until September 2024
17.4.2024
Explore the latest developments surrounding FTX Europe as CySEC extends its license suspension. Entangled in legal disputes and financial woes, the crypto firm must fulfill existing obligations while navigating an uncertain future.
The post Cyprus SEC Extends FTX Europe’s License Suspension...
Report: Cyprus Mulls Imposing Hefty Fines on Unregistered Crypto Service Providers
12.10.2023
Crypto firms that operate in Cyprus without registration may soon be fined as much as $350,000 while individuals behind such firms could face up to five years in jail. The Finance Ministry says its proposals, which are included in a draft recently submitted to parliament, seek to align...
Today in Crypto: Fines and Prison for Unregistered Crypto Firms in Cyprus, OrdinalsBot Raise $1 Million, Zimbabwe Gold is Now a Payment Method
10.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Fines and Prison for Unregistered Crypto Firms in Cyprus, OrdinalsBot Raise $1 Million, Zimbabwe Gold...
Cyprus to Impose Strict Penalties on Unlicensed Crypto Service Providers – Report
10.10.2023
Cyprus authorities would soon impose hefty penalties on crypto asset service providers (CASPs) that are found offering services without registering with the country’s regulator – the Cyprus Securities and Exchange Commission (CYSEC)....
Read More: Cyprus to Impose Strict Penalties on Unlicensed...
Cyprus to tighten crypto regulations in accordance with FATF
10.10.2023
The Ministry of Finance intends to amend the existing Prevention and Suppression of Money Laundering Law
eToro secures crypto registration in Cyprus to expand in EU
21.9.2023
According to eToro deputy CEO Hedva Ber, Europe is “hugely important” for the firm as the majority of eToro users are based in the region
Today in Crypto: Prosecutors Impose Travel Ban on Haru Execs, US Retailers Hit with Bomb Threats & Bitcoin Demands, Gemini Allows Withdrawals for Voyager Users
26.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Prosecutors Impose Travel Ban on Haru Execs, US Retailers Hit with Bomb Threats & Bitcoin Demands, Gemini...
Crypto adoption in Cyprus beefed up by ByBit license approval
26.6.2023
Following Binance's departure from the island, ByBit strengthens Cyprus' crypto ecosystem with license approval for operations
Bybit Gains Crypto License in Cyprus
26.6.2023
The Dubai-based crypto exchange will gain now a foothold in the European Union after its exit from Canada and the U.K
Binance Pulls Out of Netherlands, Seeks to Deregister Cyprus Unit
17.6.2023
The world’s largest crypto exchange, Binance, said it’s exiting the Dutch market as it has been unable to obtain registration as a crypto service provider. The news comes after Binance’s entity in Cyprus applied to be removed from the country’s register of digital asset service providers. Binance...
Binance applies to deregister in Cyprus, says focus is on 'larger markets'
14.6.2023
The Cyprus SEC lists the exchange as “under examination for application for deregistration” on the island
Binance Seeks to Withdraw Cyprus' Unit Crypto Service Registration
14.6.2023
Binance won registration as a crypto asset service provider (CASP) in Cyprus in October last year
FTX EU Launches New Website for Withdrawals as Subsidiary Starts Returning Funds to Customers
1.4.2023
FTX’s European subsidiary, FTX Europe, has launched a new website, ftxeurope.eu, for users to withdraw funds from the now-defunct cryptocurrency platform. Withdrawal requests must be submitted through the new website and will be “subject to customary know-your-customer...
FTX EU launches withdrawal website to pay back European users
31.3.2023
FTX EU was only approved by the Cyprus regulator in March, 2022, about seven months before FTX collapsed in November
This Crisis Will Define the Future of Money
17.3.2023
The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion and Switzerland’s central bank...
Silicon Valley Bank Crisis a 'Cyprus Moment' for Bitcoin: Crypto Observers
13.3.2023
The Fed's aggressive rate hikes and balance sheet reduction have caused a historic bank failure — fashioning a real-time ad for Bitcoin self-custody, observers said
CySEC requested FTX's European arm suspend operations prior to bankruptcy: Report
11.11.2022
FTX Europe was one of roughly 130 companies in FTX Group which will be a part of bankruptcy proceedings in the United States
Binance Obtains Registration as Crypto Service Provider in Cyprus
22.10.2022
Cryptocurrency exchange Binance will be able to offer services for digital assets in Cyprus as the platform is now registered with the country’s securities regulator. The news comes after the company obtained similar approvals in several other European jurisdictions. Global Exchange Binance...
British Fintech Revolut Granted Crypto License in Cyprus
18.8.2022
U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow it to establish a European crypto hub in the island nation. Revolut to Expand Crypto Services...
Crypto.com scores regulatory approval from Cyprus SEC
22.7.2022
Crypto.com exchange follows in FTX's footsteps by targeting aggressive expansion in Europe after receiving CySEC approval