Cyprus News

Cyprus is an island republic in the eastern Mediterranean with a population of around one million. Cyprus has a diversified and prosperous free-market economy that is mostly built on the its service industry, with its most important exports being medicine, agriculture and products of light manufacturing. However, the economy of Cyprus largely suffered from the eurozone banking crisis, which it has only started to recover from since 2014. Cyprus has a good investment climate due to its liberalized stock exchange and business-friendly tax system that led to the establishment of Cyprus as a financial hub for investments from Asia, Russia and Eastern Europe. The use of Bitcoin is not regulated in Cyprus. Although the Central Bank of England issued a warning statement about the use of cryptocurrencies, Cyprus continues to welcome blockchain and cryptocurrency startups, and it allows Bitcoin exchanges and ICOs.

New Year Special
The New Year is a time for self-development as well as splashing the cash. Here’s how you can spend like royalty in Europe.
New Year 2020 Crypto Shopping Guide for Filthy Rich Hodlers
Joseph Birch
2019-12-28T08:55:00+00:00
6659
News
Cyprus’ SEC recently flagged three investment platforms that look almost identical and falsely asserted ties to licensed firm BDSwiss.
Cyprus SEC Flags 3 Trading Platforms That Look Suspiciously Similar
Benjamin Pirus
2019-12-23T19:18:00+00:00
4865
News
The finance minister of Cyprus, Harris Georgiades, said that the country’s blockchain regulation draft will be ready this year.
Cyprus' Finance Minister: Blockchain Draft Bill to be Ready This Year
Adrian Zmudzinski
2019-07-04T16:53:00+01:00
5229
News
Cyprus’ securities regulator is calling for the transposition of an extended version of the European Union’s Fifth Anti-Money Laundering Directive into national...
Cyprus Securities Regulator Calls for Adoption of EU Anti-Money Laundering Framework
Marie Huillet
2019-02-19T18:57:00+00:00
6220
News
During an EU meeting, seven southern EU member states released a declaration asking for help in the promotion of blockchain.
Seven EU States Sign Declaration to Promote Blockchain Use
Adrian Zmudzinski
2018-12-05T19:46:00+00:00
8815
News
A Cyprus court has dropped the lawsuit against alleged BTC-e former operator Alexander Vinnik, with the next session scheduled for Nov. 29.
Cyprus Court Withdraws Money Laundering, Fraud Lawsuit Against Alleged BTC-e Operator
Max Yakubowski
2018-11-28T10:58:00+00:00
4044
News
The Cypriot government has signed an MoU with blockchain startup VeChain through its national investment partner Invest Cyprus for developing the blockchain ind...
VeChain Signs MoU for Blockchain Development with Cyprus
Ana Alexandre
2018-10-27T00:36:00+01:00
11083
Regulations
The Cyprus Securities and Exchange Commission (CySEC) has announced its intention to integrate Blockchain or distributed ledger technology (DLT) to its electron...
Cyprus Securities and Exchange Commission Plans Blockchain-Based Electronic Payment System
Lisa Froelings
2017-11-07T10:25:00+00:00
10964

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