2020-8-11 13:15 |
The Cyprus Securities and Exchange Commission blacklists another batch of allegedly illegal firms offering crypto and FX trading.
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The Cyprus Securities and Exchange Commission (CySEC) has blacklisted four FX brands, for unauthorised trading of FX and crypto. According to reports, the brands misleadingly claimed affiliation with Bdswiss Holding, which is licensed and regulated in the country.
2019-12-23 16:02 | |
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Binance is pulling out of Cyprus to focus on its larger market in France, Italy, and Spain, according to a June 14 press statement shared with CryptoSlate. The Cyprus Securities and Exchange Commission website confirmed that the exchange was “under examination for application for deregistration.
Bitzlato, a well-known cryptocurrency exchange platform, made headlines after the release of its cofounder, Anton Shkurenko, from brief arrest and questioning. Local authorities took Shkurenko into custody for questioning related to the company’s business practices and financial dealings.
FTX Europe is one of roughly 130 companies in FTX Group that will be a part of bankruptcy proceedings in the United States.
The digital bank will continue serving its current 20 million users while giving access to bitcoin and crypto services to 17 million users across the EEA.
Cyprus is becoming a hotspot for Blockchain technology.
VeChain’s medical records blockchain platform in Cyprus lets people prove, and control, COVID-19 test results.