Cyprus


Policy

EToro Secures MiCA License From Cyprus to Offer Crypto Services Across EEA

The approval allows the trading platform to expand its digital asset offerings across all 30 European Economic Area countries.

EU flag and other flags (Yuedongzi CHAI/ Unsplash)

Policy

Bybit Gains Crypto License in Cyprus

The Dubai-based crypto exchange strengthens its foothold in the European Union after its exit from Canada and the U.K.

Cyprus flag

Policy

Binance Seeks to Withdraw Cyprus' Unit Crypto Service Registration

The world's largest crypto exchange won registration as a crypto asset service provider (CASP) in Cyprus in October last year.

Binance has registered an entity with regulators in Cyprus. (Sasha Cures/Unsplash)

Opinion

This Crisis Will Define the Future of Money

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, the echoes of crises in 2008 and 2013 are loud.

(dickcraft/CoinDesk)

Markets

Silicon Valley Bank Crisis a 'Cyprus Moment' for Bitcoin: Crypto Observers

The Fed's aggressive rate hikes and balance sheet reduction have caused an historic bank failure, fashioning a real-time ad for bitcoin self-custody, observers said.

Bitcoin has risen over 15% since regulators shut down Silicon Valley Bank. (CoinDesk/Highcharts.com)

Policy

Multimillion Euro Crypto Fraud Operation in Bulgaria, Cyprus and Serbia Busted

Authorities searched four call centers and 18 other places and arrested five people.

European authorities have busted a crypto fraud operation in Bulgaria, Cyprus and Serbia. (Shutterstock)

Finance

FTX Has European License Suspended by Cyprus Regulator

The troubled exchange's European arm FTX EU has had its license in Cyprus suspended just two months after securing it.

Sam Bankman-Fried and former U.S. President Bill Clinton at Crypto Bahamas conference in Nassau in April 2022 (Danny Nelson/CoinDesk)

Finance

Binance Wins Registration as Crypto Asset Service Provider in Cyprus

The crypto exchange can now offer more types of digital-asset services.

Binance has registered an entity with regulators in Cyprus. (Sasha Cures/Unsplash)

Finance

Digital Bank Revolut Gets Approval to Offer Crypto Services Throughout Europe

The authorization will let the firm, which was valued at $33 billion in a recent funding round, offer crypto services to its 17 million customers in the European Economic Area.

(Revolut)

Policy

FTX Taps Ex-Liechtenstein Regulator as EU Strategy Lead

Marcel Lötscher, previously a senior official at the country's financial market supervisor, will become head of regulatory strategy for the global crypto exchange in October.

FTX CEO Sam Bankman-Fried. (CoinDesk)

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