The second SiGMA Balkans & CIS, taking place at Limassol, Cyprus, from September 4 to 7, is an invaluable opportunity for attendees to connect to investors and widen their networking reach.
The raid resulted in the seizure of $1 million worth of digital assets, luxury apartments, and three cars, with over 250 suspects interviewed by police.
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.
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.
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.
The Cyprus Securities and Exchange Commission has issued a warning against six firms it believes have been operating illegally.
The Cypriot regulator has sounded a warning against 11 brands that it says aren’t licensed to operate in Cyprus. The 11 deal with digital currencies and FX.
The Cypriot regulator has called out 3 firms it believes have been providing services in the European country without its approval, offering FX and crypto.
Lykke crypto exchange has decided to voluntarily surrender its license by the Cyprus regulator.
Finance Minister Harris Georgiades described blockchain as “a new technological revolution similar to that of the internet.”
The Cyprus Securities and Exchanges Commission has proposed the transposition of the EU's Fifth Anti-Money Laundering Directive into national law.
Alexander Vinnik, who allegedly founded the BTC-e cryptocurrency exchange before running off with everyone’s money, just got a brief reprieve.
