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…
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…
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…
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…
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…
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.…
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…
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…
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…
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.…