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CRYPTOCURRENCY

Cyprus Tightens Crypto Regulations with Hefty Penalties for Non-Compliance
cryptocurrency

Cyprus Tightens Crypto Regulations with Hefty Penalties for Non-Compliance

Cyprus is tightening its cryptocurrency regulations by introducing hefty penalties for non-compliance. The government aims to align with international AML/CFT standards and has submitted a legislative amendment for review. All crypto service providers must register with CySEC, facing fines or imprisonment for non-compliance.

FTX EU Secures License from CySEC in European Expansion Move
cryptocurrency

FTX EU Secures License from CySEC in European Expansion Move

Following its acquisition of a local investment firm, FTX Europe said it has received the Cyprus Investment Firm License as granted by the country’s Securities and Exchange Commission (CySEC).

Crypto.com Gets the Greenlight to Operate in Cyprus Through CySEC
cryptocurrency

Crypto.com Gets the Greenlight to Operate in Cyprus Through CySEC

Crypto.com, a fast-rising exchange platform has secured regulatory approval to operate in the Cyprus crypto market, thereby expanding its European presence

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