The plan is designed to encourage investments in digital entrepreneurship and enhance the integration of digital technology in businesses. This initiative aligns with Cyprus’s strategic objectives outlined in the Recovery…
The European Parliament has given the green light to the world’s first comprehensive set of rules designed to regulate the cryptocurrency industry. With 517 votes in favor and 38 against,…
The Legal Service has blocked the bill on decentralized technologies, citing arguments of unconstitutionality and legislative redundancy as identified by the General Prosecutor’s Office, raising questions in the legal and…
The Cyprus Securities and Exchange Commission (CySEC) has issued a warning about a fraudulent platform named Berkshire Hathaway TX, which falsely claims to offer crypto services. The name of the…
On Tuesday, April 4, 2023, the Ministry of Finance hosted a seminar for relevant authorities and organizations with the purpose of providing information about the “Digital Finance Package” introduced by…
FTX EU, the European arm of the FTX cryptocurrency exchange, has launched a website for European customers to submit withdrawal requests. This development comes almost five months after the collapse…
Through Circular C556, the Cyprus Securities and Exchange Commission (CySEC) is notifying Regulated Entities about the issuance of a practical guide providing guidance on Sanctions and Restrictive Measures. The practical…
The passed Electronic Communications and Postal Regulation Budget of 2023 includes a section “Article 03502 – Training” which includes “Training of operators on BLOCKCHAIN technology applications” with a total budget…
Blockchain technology enables individuals and organizations, even those who are unfamiliar with each other, to collectively agree on and securely record information without the need for a central authority. This…
The Cyprus Securities and Exchange Commission (‘CySEC’) informs the investment public that the website below, does not belong to an entity registered to CySEC’s register as Crypto Asset Service Provider,…