Cyprus News (Crypto)

Cyprus is preparing to suspend FTX’s European License

Cyprus is planning to suspend FTX.com's licence, which allows the cryptocurrency exchange to operate across Europe, people with knowledge of the matter said.As Bloomberg...

FTX Received CySEC License for A European Crypto Exchange

One of the first companies to be licensed to operate a cryptocurrency exchange in Cyprus is FTX. According to a company announcement FTX Europe...

EUBOF: A Study on Crypto Assets in 29 European Countries

The European Blockchain Observatory and Forum published an extensive study on the current state of the European blockchain ecosystem, coordinated by the Institute for...

CySEC Proposes Bringing Crypto Asset Activities under the Ambit of the AML Law

The Cyprus Securities and Exchange Commission, has issued a Consultation Paper, proposing the transposition of the provisions of the 5th AML Directive (“AMLD5”) into...

Cyprus Securities Regulators Ask For Adoption Of EU’s Anti-Money Laundering Directive

February 20, 2019 11:32 PMBeyond adoption, CySEC hopes to expand on the directive’s anti-money laundering and counter-terrorist financing crypto regulations.The Cyprus Securities and Exchange...

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US Sanctions North Korean IT Worker Scheme, Arizona Woman Jailed

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned a North Korean front company and three individuals for...

Sonic’s Airdrop Sparks User Backlash, $85M in Deposits Exit

Sonic distributed over 80 million tokens in its first season airdrop on July 18, but many users reported ineligibility...

Hong Kong Stablecoin Laws Take Effect; HKMA Warns of Market Hype

Hong Kong's stablecoin law will take effect on August 1.Several companies have announced stablecoin plans, increasing market activity and...

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