The Cypriot watchdog stated: CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Earlier in September, CySEC added five companies to its warning list.
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Under the new CASP license, Binance can offer crypto services such as pot, custodian, staking, and card services. The CySEC authorisation follows similar registrations in Europe for Binance including in France, Italy and Spain. The crypto exchange also expanded its presence in the Middle East with registrations in Abu Dhabi, Dubai, and Kazakhstan. Changpeng Zhao…
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Under the ICF, clients of locally regulated financial services companies have protection from CySEC of up to €20,000, in case of the financial services company becomes bankrupt or is unable to return customer deposits. Maxigrid background The company ran its business from Cyprus after it secured a Cyprus Investment Firm (CIF) license in 2011. That…
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According to the CySEC website, GCB operates the following approved domains: www.gcb.com.cy and www.t1markets.com. GCB and CySEC have reached a settlement for the amount of €120.000, the official announcement stated. The commission noted that the decision was reached on 19 September 2022. Earlier in October, CySEC revealed that it has decided to withdraw the CIF…
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M4Markets Group CEO, Mr. Panikos Teklos, commented that: M4Markets has grown significantly over the past two years and strategically it was the logical next step for us to penetrate the European market as a lot of the European traders are experienced and as passionate about trading as we are. We are committed to maintaining the…
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Iskandar Najjar, Equiti Group CEO, said: Our CySEC license gives our clients peace of mind by knowing that they are with a global broker in Europe that they can trust and that with CySEC’s regulatory oversight, strict financial market regulatory standards are adhered to. Regulation and good governance have always been and will continue to be…
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Capixal states the following on its website: IFC Investments Ltd.(”the “Company”) would like to inform you that, following the closure of the open trades on the 9th of May 2022 and the Company’s decision to voluntarily renounce it’s CIF authorization, we are taking all the necessary measures to fully refund any outstanding balances. Where applicable,…
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The Cypriot watchdog stated: CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Earlier in August, CySEC added six companies to its warning list.
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The Cypriot watchdog stated: CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Earlier in June, CySEC added seven companies to its warning list.
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Revolut applied for authorisation in Cyprus to ensure it is under European regulations before the enforcement of EU's Markets in Crypto-Assets regulation (MiCA). MiCA aims to provide customer protection and fight scams, money laundering and other financial crime in the crypto world. The digital bank has also applied for registration in the UK with the…
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