Neobank unicorn Revolut to offer digital assets across Europe
Revolut received the license from the Cyprus securities watchdog and can now serve 30 countries in Europe amid a hiring spree in digital assets division.
Latest Cyprus Securities and Exchange Commission News
Cyprus gov’t to regulate the ‘risky’ digital currency space
The Finance Ministry in Cyprus noted there are several risks with digital currency trading, but commended local law enforcement authorities for their high level of understanding of the sector.
CySEC releases digital currency regulation policy paper
The new policy requires operators to tie in with AML/CFT rules, which include processes like verifying the source of funds, monitoring transactions, and other diligence measures.