| July 3, 2024 |  | MetaMax Ponzi Pyramid Exposed | AKA Names: MetaMax (Meta Max, fenzh1sj.com, @Mata_Max, Rocky Mountain Science and Technology, Inc) MetaMax fake company vision/description: MetaMax is a leading technology and consulting firm providing comprehensive Web3 services. Our team, comprised of seasoned professionals, excels in strategic planning, design, and execution of Web3 solutions. Our mission is to support businesses in embracing digital transformation […] | Cyprus | View |
| June 9, 2024 |  | Cypriot academics founded Lab4Crypto Analytics | A team of Cypriot academics from the fields of Physics and Computer Science founded Lab4Crypto about a year and a half ago. This innovative company aims to maximize the portfolio value for both institutional and private investors. Lab4Crypto has developed a cutting-edge platform that simplifies advanced data analysis for over 20 cryptocurrencies. This platform, which […] | Cyprus | View |
| May 3, 2024 |  | Cyprus Strengthens Financial Regulations in Latest Moneyval Report | Cyprus has bolstered its efforts to combat money laundering and the financing of terrorism, according to the latest report by Moneyval, the Council of Europe’s monitoring body. The Cyprus Securities and Exchange Commission (CySEC) has hailed this report as a “vote of confidence” in the country’s financial regulatory framework, particularly in the realm of cryptocurrencies. […] | Cyprus, CySEC | View |
| January 18, 2024 |  | UNIC hosts XRPL Hackathon -Tech Odyssey 2024 | Experience more than just a gathering at the Cyprus Tech Odyssey: XRPL Hackathon 2024, a three-day event that delves into the innovative potential of the XRP Ledger and its ability to revolutionize global payments. This collaborative initiative between Ripple and the University of Nicosia (UNIC) ensures a unique blend of insightful discussions and hands-on experiences, […] | Cyprus | View |
| January 9, 2024 |  | Establishment of FIU’s Virtual Assets & FinTech Section for Crypto Reports | In the ever-evolving landscape of financial technology, the Virtual Assets & FinTech subsection of the Financial Intelligence Unit (FIU) stands as a dynamic and innovative force, committed to staying ahead of the curve. Tasked with navigating the rapid developments in virtual assets and financial technology, this department plays a pivotal role in ensuring the FIU’s […] | Cyprus, FIU | View |
| January 9, 2024 | | Cyprus Court Freezes Cryptocurrencies in a Historic Enforcement | In a groundbreaking legal development, the District Court of Nicosia in Cyprus successfully executed a Court Order for the first time, resulting in the freezing of cryptocurrencies valued at over €90,000. This significant decree, secured by MOKAS (Money Laundering and Terrorist Financing Reporting Office) in Cyprus, represents a crucial step forward in the judicial treatment […] | Cyprus, FIU | View |
| December 23, 2023 |  | SoEasyInsurance Accepts Cryptocurrencies as a payment | In line with its philosophy of continuous innovation, SoEasy Insurance Brokers has initiated the acceptance of cryptocurrencies for insurance payments from its clients since January 1, 2024. This development reaffirms the company’s commitment to innovation and adaptability to new technological trends. This innovative technological solution is initially implemented in Travel Insurance, with the company’s plan […] | Cyprus | View |
| December 19, 2023 |  | Naga merges with Keyway Investments (CapeX) | The NAGA Group, a provider of the All-in-One Financial Super App, has revealed plans to merge with Capex.com, a multi-asset trading FinTech platform, through a non-cash capital increase. The agreement solidifies NAGA’s position as a major player in the financial industry, with Capex.com contributing significant growth and expertise. Background and Growth: NAGA, headquartered in Limassol, […] | Cyprus | View |
| December 13, 2023 |  | Cyprus Joins WHO’s Global Digital Health Certification Network | The Health Ministry has declared that Cyprus has successfully become a part of the Global Digital Health Certification by the World Health Organization. This achievement is the result of collaborative efforts from the Medical and Public Health Services of the Ministry of Health, the Department of Information Technology Services of the Ministry of Research, Innovation […] | Cyprus, WHO | View |
| December 6, 2023 |  | S&D Group Advocates for Stringent EU AML Package | Eero Heinäluoma, speaking on behalf of the S&D Group, expresses deep concern over a series of money laundering scandals involving Danske Bank, Deutsche Bank, Credit Suisse, and the recent Cyprus Confidential files. He emphasizes that the list of such scandals within the EU appears to be endless, with criminals, oligarchs, and the super-rich exploiting the […] | European-Parliament, Sanctions | View |
| December 6, 2023 |  | The first use case of Blockchain in the Cyprus Public Sector | The State General Laboratory of Cyprus has embarked on an ambitious project to create a pioneering food traceability platform using blockchain technology. This endeavor represents a groundbreaking application of blockchain in the public sector in Cyprus and signifies a crucial step in enhancing transparency and security in the food supply chain. Food traceability involves tracking […] | Cyprus | View |
| November 30, 2023 | | Cyprus FIU (MOKAS) publishes Strategic Analysis Report 2020-2022 | The Financial Intelligence Unit (FIU) in Cyprus anticipates a surge in Suspicious Transaction Reports (STRs) for cryptocurrencies, a consequence of the island’s implementation of regulations governing the digital asset industry. In 2021, the Cyprus Securities and Exchange Commission (CySEC) introduced directives aimed at overseeing the activities of Crypto Asset Service Providers. The Inaugural Report from […] | Cyprus, CySEC, FIU | View |
| November 24, 2023 |  | CERA Initiates Competition for Blockchain Technology Consultancy | CERA (Cyprus Energy Regulatory Authority) initiates competition for consultancy services for establishing guidelines on the deployment of Blockchain technology in the electricity market in the Republic of Cyprus. Deadline for Submission of Proposals (days/hours): 27/15 Name of Contracting Authority: Regulatory Authority for Energy of Cyprus Title: Consultancy services for establishing guidelines on the deployment of […] | Cyprus | View |
| November 20, 2023 |  | The Island Private School Collaborates with CoinsPaid for payments | As part of this partnership, the school has announced the acceptance of cryptocurrency payments for both tuition fees and contributions to The Island Charitable Foundation, which aims to support talented students in Cyprus. To initiate this program, CoinsPaid has generously donated €50,000. The objective of this contribution is to ensure that children from diverse financial […] | Cyprus | View |
| November 10, 2023 |  | Celsius Network Receives Court Approval for Restructuring Plan | Crypto lender Celsius Network has obtained approval from a US bankruptcy court for a restructuring plan that will return cryptocurrency to its customers and establish a new company owned by Celsius creditors. US Bankruptcy Judge Martin Glenn in Manhattan authorized the restructuring in an order published on Thursday. The reorganized entity will be managed by […] | Cyprus | View |
| October 9, 2023 |  | Kabru Services UAB Gains Regulatory Approval for Crypto Asset Services | In a landmark development for the cryptocurrency industry, Kabru Services UAB has secured official registration and approval for Crypto Asset Services from the Lithuanian authorities. This approval, granted on 09/10/2023, positions Kabru Services UAB as a reputable entity authorized to facilitate the exchange between crypto-assets and fiat currency, as well as crypto-to-crypto transactions. Source: https://www.cysec.gov.cy/en-GB/entities/crypto-asset-services-providers-casps/eea-casps/95821/ | Cyprus, CySEC | View |
| October 9, 2023 |  | Bitinvestor Secures CySEC Registration for Crypto Asset Services EEA | In a significant development for the cryptocurrency industry, Bitinvestor ApS has successfully obtained registration with the Cyprus Securities and Exchange Commission (CySEC) under the European Economic Area Centralized Access to Service Providers (EEA CASP) framework. This accomplishment positions Bitinvestor ApS to offer Crypto Asset Services, signaling a new era for exchange activities between crypto-assets and […] | Cyprus, CySEC | View |
| October 9, 2023 |  | Infocredit Group and Mastercard introduce Ciphertrace | Infocredit Group, a leading financial solutions provider, has expanded its portfolio by incorporating Ciphertrace, Mastercard’s robust crypto intelligence provider. This strategic alliance aims to fortify security and fraud detection for businesses through the application of blockchain analytics and compliance solutions. Services Offered by Ciphertrace: Ciphertrace provides innovative solutions for the crypto industry, including exchanges, wallet […] | Cyprus | View |
| October 9, 2023 |  | Wirtualna Planeta SP ZO.O (Bitomat) EEA CASP License Acquisition | Wirtualna Planeta SP ZO.O, based in Poland, has successfully acquired a license, solidifying its position as a Crypto Asset Services Provider (CASP). Registered on 09/10/2023, the company has strategically set its sights on fostering seamless exchanges between crypto-assets and fiat currency. Bitomat exchanging fiat currencies to cryptocurrencies and vice versa via self-service devices called Bitcoin […] | Cyprus, CySEC | View |
| October 9, 2023 |  | UAB Coinage (Mediacube) Approved CASP for Crypto Exchanges | UAB Coinage, which was established on April 6, 2022 and presently operates in Lithuania is officially registered as a Crypto Asset Services Provider (CASP) on the EEA CASP Register, plays a crucial role in facilitating crypto exchanges for Mediacube. Coinage UAB’s approved services, which include exchange between crypto-assets and fiat currency, as well as financial […] | Cyprus, CySEC | View |
| September 13, 2023 |  | CySEC removes IQOPTION EUROPE LTD from Register of CASP | The Cyprus Securities and Exchange Commission announces that, on its meeting of 1 August 2023, has decided, pursuant to section 61E(5)(b) of the Prevention and Suppression of Money Laundering and Terrorist Financing Law of 2007, as amended, and article 7(1)(a) of Directive for the Register of Crypto Asset Service Providers, to delete the company IQOPTION […] | Cyprus, CySEC | View |
| September 11, 2023 | | CySEC removes Binance Cyprus Ltd from Register of CASP | The Cyprus Securities and Exchange Commission announces that, on its meeting of 1 August 2023, has decided, pursuant to section 61E(5)(b) of the Prevention and Suppression of Money Laundering and Terrorist Financing Law of 2007, as amended, and article 7(1)(a) of Directive for the Register of Crypto Asset Service Providers, to delete the company Binance […] | Cyprus, CySEC | View |
| August 17, 2023 |  | ITEZ becomes a sponsor of the Aris Football Club | ITEZ has become the official partner of Aris Limassol FC, and its logo will prominently feature at the collar’s front on the team’s jerseys for all domestic competitions. ITEZ, a prominent international crypto exchange, offers a seamless experience to purchase Bitcoin, Ethereum, USDT, and other cryptocurrencies within minutes by entering card details and specifying the […] | Cyprus | View |
| June 26, 2023 |  | Bybit acquired license in Cyprus | Bybit has acquired a cryptocurrency exchange and custody services license in Cyprus, as announced in a statement on Monday. This move, according to the Dubai-based company, underscores its dedication to complying with local regulations. It also strengthens the exchange’s presence within the European Union (EU) after facing regulatory scrutiny in Japan and exiting both Canada […] | Cyprus, CySEC | View |
| June 14, 2023 |  | Binance withdrawing registration in Cyprus | Binance, the world’s largest cryptocurrency exchange, has expressed its intention to withdraw the registration of its unit in Cyprus as a crypto service provider. This decision stems from the company’s desire to prioritize compliance with the European Union’s Markets in Crypto Assets (MiCA) legislation. This move follows closely on the heels of Binance facing a […] | Cyprus, CySEC | View |
| June 9, 2023 |  | Game-Ace Ranks Among the Top: A Cyprus-Based in the Top 10 Crypto Game Dev Companies | Cyprus-based Game-Ace, a blockchain game development studio, has earned recognition as one of the world’s top 10 crypto game development companies. Established in 2005, the company holds the sixth position on the list curated by Antier Solutions, a global firm with offices in the UK, USA, UAE, and India. Antier Solutions, known for aiding businesses […] | Cyprus | View |
| June 7, 2023 | | NagaX acquired a license in Cyprus | NagaX receives approval and license from CySEC to operate in accordance to the European legal framework for the protection of client assets as well as prevention of money laundering. NAGAX is an all-in-one social crypto investing platform. Crypto Asset Services Exchange between crypto-assets and fiat currency: ✓ Exchange between crypto-assets: ✓ Management, transfer, holding and/or […] | Cyprus, CySEC | View |
| May 8, 2023 |  | XCOEX acquired a license in Cyprus | Founded in 2017, XCOEX was designed by an international team of experts who have lived in or worked across many different countries, speak multiple languages, and have successful track records working within top global companies. They focu on providing unparalleled support, tools, and easily accessible services for both cryptocurrency enthusiasts and digital beginners from around […] | Cyprus, CySEC | View |
| May 7, 2023 |  | Cyprus Digital entrepreneurship Recovery and Resilience Plan 2023 | 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 Plan and Resilience (SAA), aimed at accelerating the country’s digital transformation. Financial support will be provided through sponsorships for eligible costs related to implementing and […] | Cyprus | View |
| April 20, 2023 | | European parliament have granted approval to the world’s inaugural framework for crypto regulation | 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 Markets in Crypto Act (MiCA) has been passed. This legislation aims to mitigate risks for consumers purchasing cryptocurrencies by holding providers accountable for any […] | European-Parliament | View |
| April 19, 2023 | | The Cyprus Legal Service Rejects the Decentralized Technologies Bill | 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 operational sectors. Overview In June 2018, the Republic of Cyprus signed the European Cooperation on Blockchain Technology, and in December 2018, along with six other […] | Cyprus | View |
| April 13, 2023 | | CySEC has issued a warning about a fraudulent platform named Berkshire Hathaway TX | 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 platform closely resembles that of American billionaire investor Warren Buffett’s company, Berkshire Hathaway. CySEC emphasized that the platform is not registered with them as a […] | Cyprus, CySEC | View |
| April 4, 2023 | | Ministry of Finance hosts a seminar regarding EU Digital Finance Package | 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 the European Commission. Advancements in technology have significantly influenced various aspects of our daily lives, including the financial sector. Innovations such as artificial intelligence, social […] | Cyprus | View |
| March 31, 2023 |  | FTX EU launches withdrawal website to pay back European users | 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 of the global FTX trading platform and its subsequent bankruptcy. The website, https://ftxeurope.eu/, was approved by the Cyprus Securities and Exchange Commission (CySEC) and is […] | Cyprus, CySEC | View |
| March 27, 2023 |  | Cysec issues a Practical Guide for Sanctions and Restrictive Measures | 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 guide offers a concise overview of the scope, categories, characteristics, and legal framework of Sanctions and Restrictive Measures. It covers general considerations for understanding and […] | Cyprus, CySEC, Sanctions | View |
| March 16, 2023 | | Electronic Communications and Postal Regulation Budget of 2023 includes Blockchain training | 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 of €2,380.(Same as last year). It also states also the same amount of budget for the upcoming years of 2024 and 2025. Generic Information of […] | Cyprus | View |
| February 27, 2023 |  | The European Commission’s Vision for a ‘Gold Standard’ Blockchain in Europe | 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 innovation has the potential to transform how we share information and conduct online transactions, offering enhanced trust in data. The European Commission has developed a […] | Cyprus, European-Parliament | View |
| February 9, 2023 |  | CySEC issues warning against IMS Crypto | 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, as provided by article 61E of the Prevention and Suppression of Money Laundering and Terrorist Financing Laws of 20071, as amended. • www.ims-crypto.com CySEC urges […] | Cyprus, CySEC | View |
| January 16, 2023 |  | Payperless Crypto Asset Services Granted CySEC Approval | Payperless, located in Estonia, has received approval from the Cyprus Securities and Exchange Commission (CySEC). Registered with the number 16039903 on 16/01/2023, Payperless is authorized for various crypto asset services, including the exchange between crypto-assets and fiat currency, management and safekeeping of crypto-assets, provision of financial services related to crypto-assets, and operation of a multilateral […] | Cyprus, CySEC | View |
| January 13, 2023 |  | Multimillion crypto fraud operation across Bulgaria, Cyprus, and Serbia has been successfully dismantled | Authorities have successfully dismantled a large-scale cryptocurrency fraud operation that spanned Bulgaria, Cyprus, Serbia, and Germany, resulting in numerous arrests and the seizure of substantial assets. The criminal network, which Eurojust estimates defrauded victims of “at least tens of millions of euros,” engaged in a sophisticated scheme that targeted victims worldwide. The operation involved four […] | Cyprus, Europol | View |
| December 19, 2022 |  | J2TX acquired license in Cyprus | J2TX receives approval and license from CySEC to operate in accordance to the European legal framework for the protection of client assets as well as prevention of money laundering. j2tx.com is a financial ecosystem built on Ethereum Smart Contract technology. The acquired license includes: Crypto Asset Services Exchange between crypto-assets and fiat currency: ✓ Exchange […] | Cyprus, CySEC | View |
| November 28, 2022 | | Mr. Changpeng Zhao (CZ) at the University of Nicosia for an exclusive interview | The co-founder and CEO of Binance will be interviewed by UNIC CEO, Antonis Polemitis, about the future of crypto-assets and ongoing industry developments on Monday 28th November 2022 at 20:00 – 21:00. Binance co-founder and CEO spoke about the current challenges and future of the crypto industry in an exclusive interview with UNIC CEO Antonis […] | Cyprus | View |
| November 22, 2022 | | University of Nicosia to host the first-ever Binance Meetup in Cyprus | Binance Meetup with Changpeng Zhao (CZ) at UNIC The University of Nicosia is proud to host the first ever Binance Meetup in Cyprus on the 22nd of November, at 7pm in Cine Studio, including the participation of CZ – CEO of Binance, one of the leading figures in the cryptoasset field globally. Binance Meetup Nicosia […] | Cyprus | View |
| November 22, 2022 | | University of Nicosia hosts the Binance Academy Workshop in Cyprus | An intro to Web3 and the Metaverse with Binance Academy only for UNIC students. UNIC students will have the opportunity to attend a Binance Academy Workshop at Cine Studio, on 22 November 2022, between 5:00-6:30 pm. Dive into Web3 and the Metaverse with this introductory workshop session from Binance Academy. Whether you’re just crypto-curious, or […] | Cyprus | View |
| November 11, 2022 | | FTX has faced the suspension of its license in Cyprus | FTX, a cryptocurrency exchange, has faced the suspension of its license in Cyprus by the jurisdiction’s securities regulator, just two months after obtaining it. This suspension comes in the wake of a liquidity crisis that led to a freeze on withdrawals. According to a representative from the Cyprus Securities and Exchange Commission (CySEC), “CySEC called […] | Cyprus, CySEC | View |
| October 20, 2022 | | Binance has granted prominent cryptocurrency exchange, Class 3 registration in Cyprus | The Cyprus Securities and Exchange Commission (CySEC) has granted Binance, a prominent cryptocurrency exchange, Class 3 registration as a Crypto Asset Services Provider (CASP). This registration allows Binance to expand its range of digital asset services. Binance can now offer services such as spot trading, custody, staking, and card services while complying with CySEC’s regulations […] | Cyprus, CySEC | View |
| September 26, 2022 |  | eToro Acquires CySEC License in Cyprus | eToro, a leading social trading and investment platform, has recently acquired a CySEC (Cyprus Securities and Exchange Commission) license in Cyprus. This regulatory approval allows eToro to expand its presence in the European market and offer its services to clients across the European Union (EU). Cyprus, as an EU member state, is an attractive location […] | Cyprus, CySEC | View |
| September 14, 2022 |  | ARIS Limassol FC Extends Partnership with CoinsPaid for 2024-2025 | ARIS Limassol FC is thrilled to announce the extension of our agreement with CoinsPaid, our General Sponsor, for the upcoming three seasons, until 2024-25. Witnessing the growth of the ARIS family has always been a primary objective for us. Welcoming new members, fans, and companies, we aim to create a sense of familial connection rather […] | Cyprus | View |
| August 15, 2022 |  | Revolut has received authorization from the CYSEC | European digital bank Revolut has received authorization from the Cyprus Securities and Exchange Commission (CYSEC) to offer cryptocurrency services across the European Economic Area (EEA). The EEA encompasses the 27 European Union member countries, along with Iceland, Liechtenstein, and Norway. Revolut, valued at $33 billion, is the first entity to obtain approval as a crypto-asset […] | Cyprus, CySEC | View |
| July 22, 2022 |  | Crypto.com has received regulatory approval from the CySEC | Crypto.com, the rapidly growing cryptocurrency platform, has announced its approval by the Cyprus Securities and Exchange Commission (CySEC). This regulatory green light allows Crypto.com to provide a range of products and services to customers in Cyprus while complying with local regulations. Kris Marszalek, Co-Founder and CEO of Crypto.com, emphasized the company’s commitment to compliance and […] | Cyprus, CySEC | View |
| July 13, 2022 | | Celsius Network Files for Bankruptcy Amid Market Turmoil | In a significant development in the cryptocurrency world, Celsius Network, a leading crypto lending platform, has filed for bankruptcy. The announcement, made on July 13, 2022, marks a dramatic turn of events for the company, which had been one of the key players in the digital asset lending space. Celsius Network cited extreme market conditions […] | Cyprus | View |
| July 5, 2022 | | Electronic Communications and Postal Regulation Budget of 2022 includes Blockchain training | The passed Electronic Communications and Postal Regulation Budget of 2022 includes a section “Article 03502 – Training” which includes “Training of operators on BLOCKCHAIN technology applications” with a total budget of €2,380. It states also the same amount of budget for the upcoming years of 2023 and 2024. Generic Information of The Office of the […] | Cyprus | View |
| March 29, 2022 | | CySEC warns against Use of Crypto Assets by Sanctioned Russians | Regulators are raising concerns about sanctioned individuals and entities attempting to utilize cryptocurrency assets for fund movements, particularly in evasion of sanctions. The Cyprus Securities and Exchange Commission (CySEC) issued a notice urging all regulated entities to be vigilant regarding such evasion attempts, especially highlighting the potential use of cryptocurrencies in these activities. This notice […] | Cyprus, CySEC, Sanctions | View |
| March 8, 2022 |  | JUST2TRADE.COM acquired a license in Cyprus | www.just2trade.online and www.J2T.com acquired a license from CySEC to operate in accordance to the European legal framework for the protection of client assets as well as prevention of money laundering. The acquired license includes: Crypto Asset Services Exchange between crypto-assets and fiat currency: ✓ Exchange between crypto-assets: ✓ Management, transfer, holding and/or safekeeping, including custody, […] | Cyprus, CySEC | View |
| March 7, 2022 | | FTX has secured approval from CySEC | FTX Trading Limited (FTX), a prominent global cryptocurrency exchange, has announced the launch of FTX Europe, a significant step in the company’s global expansion efforts, with a focus on Europe and the Middle East. FTX Europe has received approval from the Cyprus Financial Market Regulator CySEC and will operate through the domain ftx.com/eu. FTX Europe […] | Cyprus, CySEC | View |
| February 17, 2022 | | CySEC sees expansion for digital currencies | The Cyprus Securities and Exchange Commission (CySEC) has reported a remarkable 200% increase in its market supervision activities since 2011, with the number of entities under its supervision surging from 250 to nearly 800. George Theocharides, the new chairman of CySEC, highlighted that the total assets managed in Cyprus investment funds have grown to €11.6 […] | Cyprus, CySEC | View |
| December 14, 2021 | | Cyprus finance ministry released an official national risk assessment on evaluating the money laundering risks | Cyprus is embarking on a journey to regulate the cryptocurrency industry, as the nation’s finance ministry recently released an official national risk assessment focused on evaluating the money laundering risks associated with virtual assets and virtual asset service providers (VASPs). This move underscores the country’s commitment to understanding and addressing potential challenges related to cryptocurrencies. […] | Cyprus | View |
| December 13, 2021 |  | European University Cyprus Joins Function X Blockchain | European University Cyprus (EUC) and Pundi X 365 have jointly announced that EUC is now part of Function X, becoming the first academic organization to operate as a public node. This strategic move aims to bring Function X closer to achieving genuine decentralization while maintaining the network’s security and stability as a blockchain validator node. […] | Cyprus | View |
| October 18, 2021 |  | Teroxx acquired a license in Cyprus | Teroxx Worldwide OU which operates under the domain TEROXX.COM acquired a license in Cyprus. With Teroxx you can trade, manage and store your digital assets quickly and securely – all in one place and totally user-friendly. The license includes: Crypto Asset Services Exchange between crypto-assets and fiat currency: ✓ Exchange between crypto-assets: ✓ Management, transfer, […] | Cyprus, CySEC | View |
| September 6, 2021 | | Cyprus Public Consultation – Bill titled “The 2021 Distributed Catholic Technology Act” | Draft Law titled “The Distributed Ledger Technology Act of 2021” In June 2019, the Council of Ministers, upon the proposal of the Ministry of Finance, approved the National Strategy for Decentralized Technologies-Blockchain. This strategy was developed through collaboration between the government, the House of Representatives, the Central Bank, the Cyprus Securities and Exchange Commission (CySEC), […] | Cyprus | View |
| September 2, 2021 |  | Cyprus National Betting Authority explores how blockchain technologies impact betting industry | Cyprus’ National Betting Authority is set to delve into blockchain and cryptocurrency trends in an upcoming event. The aim is to explore how these emerging technologies might impact the country’s gambling industry. While the potential benefits are acknowledged as “unprecedented,” there are also challenges concerning government regulation and issues related to national sovereignty that need […] | Cyprus | View |
| May 24, 2021 | | CoinsPaid sponsors ARIS Limassol F.C. | CoinsPaid, a leading fintech company in the competitive crypto payment sector, is proud to announce its sponsorship of ARIS Limassol F.C. in Cyprus. Founded in 1930, ARIS Limassol F.C. stands as one of the oldest football clubs in Cyprus, boasting a rich history marked by significant moments and standout players, including the legendary Oleg Blokhin […] | Cyprus | View |
| March 22, 2021 | | Celsius Network Opens Office in Limassol, Cyprus | Celsius Network, a prominent cryptocurrency lending platform, has expanded its global footprint by opening a new office in Limassol, Cyprus. The office, which began operations in March 2021, marks a significant step in Celsius’s strategy to enhance its services for the European market. The Limassol office is set to play a crucial role in supporting […] | Cyprus | View |
| March 6, 2021 |  | Cyprus Blockchain Association(CBA) merging with Cyprus Blockchain Technologies(CBT) | Cyprus Blockchain Technologies (CBT) and Cyprus Blockchain Association (CBA) have officially announced their merger, forming the largest non-profit organization in Cyprus dedicated to Distributed Ledger Technologies (DLT) and Blockchain. The newly unified entity will continue to operate under the name Cyprus Blockchain Technologies. This merger aims to leverage the extensive global network of CBA and […] | Cyprus | View |
| January 8, 2021 |  | Aretaeio Hospital utilizes E-HCert Platform for COVID-19 Digital Certificates | Aretaeio Hospital as one of the largest private hospitals in Cyprus, as well as a pioneer in the healthcare industry not only for Cyprus but for the whole of Europe, continues to invest once again in the era of digital transformation. Following the integration of a platform that offers patients direct and secure access to […] | Cyprus | View |
| January 7, 2021 |  | The Mediterranean Hospital of Cyprus using VeChainThor blockchain for COVID certificates | The Mediterranean Hospital of Cyprus has successfully vaccinated 100 doctors and nurses against COVID-19 while utilizing a blockchain-based mobile app for certification. This certification process was facilitated through the E-HCert app, which is built on the VeChainThor blockchain. The first vaccine was administered on January 4th. The hospital views this development as a significant step […] | Cyprus | View |
| December 15, 2020 |  | Regulated cryptocurrency hedge fund launched in Cyprus | Cyprus marked a significant milestone in the cryptocurrency investment landscape with the launch of ARK36 in October, the country’s first actively-managed investment fund specifically targeting the cryptocurrency markets. Based in Larnaca, ARK36 focuses on providing professional investors with a risk-adjusted exposure to crypto-assets. It operates under the regulatory framework of an Alternative Investment Fund with […] | Cyprus | View |
| December 3, 2020 | | Aretaeio Hospital joins digitalization and blockchainization with E-HCert | The clinical laboratories of Cyprus produce large volumes of data, including extensive paper trails relating to lab test results for patients. The system currently relies on ‘Laboratory Information Systems’ (LIS) that helps specialists manage data resulting from a series of complex tests and activities. The current process contains multiple deficiencies. Firstly, the patient has to […] | Cyprus | View |
| November 9, 2020 |  | FinRax acquired a license in Cyprus | Finrax Exchange OU which operates under the FINRAX.COM domain offers fast and reliable crypto payment gateway for businesses around the world with low payment processing costs as well as protection from any crypto related volatility risks and chargebacks. Their license includes: Crypto Asset Services Exchange between crypto-assets and fiat currency: ✓ Exchange between crypto-assets: ✓ […] | Cyprus, CySEC | View |
| October 11, 2020 | | Apollon FC utilizing fan token to vote on lineup and formation for a friendly match | A football team in Cyprus Apollon FC won against its rivals after it allowed fans to use blockchain technology and fan tokens to vote on its match lineup and formation, taking fan engagement to a new level. Apollon FC, using fan token platform Socios.com, won in a friendly match against rivals Aris Limassol, Socios said […] | Cyprus | View |
| September 28, 2020 | | COINSPAID acquired a license in Cyprus | Dream Finance OU which operates under the name COINSPAID.COM acquired a license in Cyprus. CoinsPaid is an ecosystem of multiple innovative crypto solutions. With a wide range of products, we are able to cater for both individual users and businesses across various industries. Their license includes: Crypto Asset Services Exchange between crypto-assets and fiat currency: […] | Cyprus, CySEC | View |
| September 24, 2020 | | EU Digital Finance Package: Promoting Innovation, Security, and Financial Stability | The European Commission, after extensive public consultations and outreach efforts in digital finance, adopted a digital finance package on September 24, 2020. This package includes a digital finance strategy and legislative proposals regarding crypto-assets and digital resilience. Its purpose is to promote a competitive EU financial sector that provides consumers with access to innovative financial […] | European-Parliament | View |
| August 25, 2020 |  | Apollon FC launches $APL fan token | ΤΗΕ $APL IS HERE! Apollon Limassol FC, in partnership with Chiliz (Binance: $CHZ), have launched their $APL Fan Token on August 25th. The $APL Fan Token will be sold exclusively on fan voting & rewards app Socios.com and the Chiliz Exchange – the world’s first tokenised sports exchange. $APL holders will be able to influence […] | Cyprus | View |
| August 17, 2020 |  | VeChain has formed a partnership with Grant Thornton Cyprus | The VeChain Foundation has formed a partnership with Grant Thornton Cyprus, an accounting and consulting firm, with the goal of extending blockchain solutions to various industries. The specific industries to benefit from this partnership will be determined by Grant Thornton Cyprus’s network of clients, but potential areas of focus include the food industry, pharmaceuticals, logistics, […] | Cyprus | View |
| August 11, 2020 | | Cyprus Securities and Exchange Commission (CySEC) issued a warning against seven firms | Cyprus, a well-known international business center and tax haven, has issued a warning to investors about several suspicious websites offering foreign exchange and digital currency investment. The Cyprus Securities and Exchange Commission (CySEC) issued a warning against seven firms that are believed to be operating illegally. According to the warning issued by CySEC, none of […] | Cyprus, CySEC | View |
| May 25, 2020 |  | I-Dante and VeChain developed E-HCert for Cyprus | The success between VeChain and I-Dante previously on blockchain-enabled medical solution has led to the idea for the E-HCert App, which is now adopted by the Mediterranean Hospital of Cyprus and Aretaieio Hospital. The new EHR system provides a secured method of on-chaining the COVID-19 related tests, giving the result of the health status of […] | Cyprus | View |
| November 9, 2019 | | President of the House of Representatives meets with tech company (PUNDIX) | A delegation from Cyprus, led by House President Demetris Syllouris, conducted a series of meetings with major Chinese technology companies in Shenzhen to explore potential cooperation between these companies and research centers, universities, and investment agencies in Cyprus. The aim was to modernize Cyprus’s economy and advance its digital governance capabilities, with a focus on […] | Cyprus | View |
| November 8, 2019 |  | Borghese Ventures and PUNDIX sign a Memorandum of Understanding (MoU) | Pundi X and Borghese Ventures have established a strategic partnership and formalized their collaboration through a memorandum of understanding (MoU). Their primary objective is to explore the practical applications of blockchain technology within both the private and public sectors of Cyprus. This partnership seeks to assess the feasibility of implementing blockchain solutions across various domains. […] | Cyprus | View |
| July 10, 2019 |  | President of the House of Representatives at the Cyprus Blockchain Summit 2019 | It is with great pleasure that I have accepted the invitation to address the “Cyprus Blockchain Summit” organized by the IMH. The summit takes place at the right time, especially after the implementation of the National DLT Strategy of Cyprus which was approved by the Council of Ministers recently on the 18th June. Despite its […] | Cyprus | View |
| June 18, 2019 | | Cyprus National Strategy for Distributed Ledger Technologies (DLTs) Announcement and Approval | On June 18, 2019, the Council of Ministers has unveiled its National Strategy regarding Distributed Ledger Technologies (DLT), aiming to establish a foundation for both public and public-private initiatives utilizing blockchain applications. This strategy outlines a comprehensive framework and a high-level roadmap for the exploration of DLT applications across various sectors, with an emphasis on […] | Cyprus | View |
| December 6, 2018 |  | Cyprus Blockchain Association (CBA) establishment | The CBA has been officially been established in November 2018 with a vision to act as the connecting block between brilliant minds, industry leaders and other bodies. The CBA community draw its strength from our members and our common inspiration for the #Blockchain and Distributed Technologies. We encourage all the individuals and institutions, private or […] | Cyprus | View |
| October 27, 2018 |  | The VeChain Foundation, CREAM, and Invest Cyprus have signed a Memorandum of Understanding (MoU) | The VeChain Foundation, CREAM, and Invest Cyprus have signed a Memorandum of Understanding (MoU) to collaborate on establishing a framework for blockchain technologies and related use cases. The focus of this partnership is to develop national-level investment strategies that promote blockchain technology, particularly in financial services. The agreement aims to facilitate economic development in Cyprus, […] | Cyprus | View |
| August 9, 2018 | | Ad-hoc Committee establishment to draft a National Strategy for Distributed Ledger Technologies (DLT) | In August 2018, an ad-hoc Committee was established following a Council of Minister’s decision, prompted by the President of the House of Representatives and the Minister of Finance. The primary aim was to draft a National Strategy outlining Cyprus’s vision for Distributed Ledger Technologies (DLT), which is an integral part of Cyprus’s broader digital transformation […] | Cyprus | View |
| June 4, 2018 | | Cyprus has signed to join European Blockchain Partnership | On 10th of April 2018, 21 Member States and Norway agreed to sign a Declaration creating the European Blockchain Partnership (EBP) and cooperate in the establishment of a European Blockchain Services Infrastructure (EBSI) that will support the delivery of cross-border digital public services, with the highest standards of security and privacy. Since then, eight more […] | Cyprus, European-Parliament | View |
| November 7, 2017 | | CySEC partners with London university on blockchain project BARAC | INNOVATION HUB CySEC participates in the Blockchain Technology for Algorithmic Regulation and Compliance (BARAC) project, which is run by the University College London (UCL) Blockchain Technologies. It focuses on examining the feasibility of using blockchain technology for automating regulation and compliance. The project will focus on the technical, legal and managerial uses of distributed ledger […] | Cyprus | View |
| October 27, 2017 | | Cyprus Securities and Exchange Commission (Cysec) explores blockchain technology | The Cyprus Securities and Exchange Commission (Cysec) has provided insights into its exploration of blockchain technology and hinted that live trials may already be in progress. Cysec is particularly interested in how distributed ledger technology, such as blockchain, can impact regulations and enhance its oversight of over-the-counter (OTC) markets. The regulatory body has noted that […] | Cyprus | View |
| June 28, 2017 | | Cyprus Blockchain Technologies (CBT) Thinktank establishment | Cyprus Blockchain Technologies (CyBT) Ltd. (Registration No. HE 370962) is a not-for-profit, independent ThinkTank. Its primary aim is to bring together individuals and entities involved in blockchain across various sectors and industries in Cyprus. This inclusive approach encompasses academic, financial, auditing, management, consulting, technology, as well as associations, companies, and individuals sharing similar interests. The […] | Cyprus | View |
| April 4, 2014 |  | Neo & Bee CEO Faces Fraud Allegations in Cyprus | Danny Brewster, the CEO of bitcoin services company Neo & Bee, faced fraud allegations in Cyprus when two customers filed official complaints claiming they had never received the bitcoins they had paid for. The customers reportedly paid €15,000 and €20,000 for the bitcoins, which were not delivered. The police began investigating the matter. This incident […] | Cyprus | View |
| April 3, 2014 | | University of Nicosia offers Master’s in Blockchain and Digital Currency | Since 2014, the University of Nicosia (UNIC) has been providing this degree, and starting in 2021, it is now available on campus. The inception of this program was driven by a surge in demand for academic and professional education focusing on blockchain. The Department of Digital Innovation at UNIC hosts this program, intending to furnish […] | Cyprus | View |
| February 26, 2014 |  | Central Bank of Cyprus (CBC) has clarified that “Bitcoin is not illegal” | The Central Bank of Cyprus (CBC), while expressing disapproval of digital currencies, has clarified that “Bitcoin is not illegal,” as reported by anonymous sources in the Cyprus Mail. However, the stance of the CBC highlights the ambiguity surrounding Bitcoin and similar cryptocurrencies in the eyes of banks – they are neither considered traditional currencies nor […] | Cyprus | View |
| November 21, 2013 | | Cyprus University UNIC – First In The World To Accept Crypto For Tuition | The University of Nicosia (UNic), a prominent English language university in the Mediterranean region, is set to make history by becoming the first university worldwide to accept Bitcoin as payment for tuition fees. Alongside this groundbreaking initiative, the university will introduce a new Master of Science program in Digital Currency. Individuals opting to pay their […] | Cyprus | View |
| February 24, 2013 | | Bank-like Portal “Neo” opens its branch in Cyprus | The first physical bitcoin deposit and financial services portal, known as Neo, has officially opened its flagship branch in Cyprus. This establishment, which operates as Neo’s banking division, aims to provide Cypriot residents with access to various financial services related to Bitcoin. Users can interact with their funds similarly to traditional Euro deposits in traditional […] | Cyprus | View |