Backpack Exchange acquires FTX EU, plans Q1 2025 launch
Backpack EU will be responsible for distributing court-approved FTX bankruptcy claims to FTX EU customers as part of the acquisition. Go to Source
Cyprus
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Cyprus regulator extends FTX suspension to May 2025
Cyrpus’ securities regulator has extended the suspension on FTX Europe for the fourth time, which stops trading on the platform but allows customers to withdraw funds. Go to Source
Cyprus freezes crypto applications ahead of EU-wide MiCA transition
The CySEC has warned crypto asset service providers of coming changes as the continent braces for MiCA. Go to Source
Cyprus calls for collective crackdown against crypto terror financing
The alert serves as a reminder of the critical role financial professionals play as gatekeepers in the fight against financial crime. Go to Source
Cyprus to tighten crypto regulations in accordance with FATF
The Ministry of Finance intends to amend the existing Prevention and Suppression of Money Laundering Law. Go to Source
eToro secures crypto registration in Cyprus to expand in EU
According to eToro deputy CEO Hedva Ber, Europe is “hugely important” for the firm as the majority of eToro users are based in the region. Go to Source
Crypto adoption in Cyprus beefed up by ByBit license approval
Following Binance’s departure from the island, ByBit strengthens Cyprus’ crypto ecosystem with license approval for operations Go to Source Powered by WPeMatico
Binance applies to deregister in Cyprus, says focus is on ‘larger markets’
The Cyprus SEC lists the exchange as “under examination for application for deregistration” on the island. Go to Source Powered by WPeMatico
CySEC requested FTX’s European arm suspend operations prior to bankruptcy: Report
FTX Europe was one of roughly 130 companies in FTX Group which will be a part of bankruptcy proceedings in the United States. Go to Source Powered by WPeMatico
Binance Obtains Registration as Crypto Service Provider in Cyprus
Cryptocurrency exchange Binance will be able to offer services for digital assets in Cyprus as the platform is now registered with the country’s securities regulator. The news comes after the company obtained similar approvals in several other European jurisdictions. Global Exchange Binance to Comply With Cyprus Crypto Regulations Binance, the world’s leading crypto exchange in … Read more
