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Ethereum World News
2022-11-11 12:14:07

Cyprus Regulators To Suspend FTX EU Crypto License

Cyprus Regulators To Suspend FTX EU Crypto License

Summary: FTX, Sam Bankman-Fried’s trouble cryptocurrency exchange, might lose its European digital asset license as Cyprus regulators mull the decision in the wake of spreading contagion. In July, the Cyprus Securities and Exchange Commission (CySec) approved FTX for an “operational license”. The regulatory nod allowed SBF’s exchange to offer its services across markets in Europe. A regional headquarters in Switzerland was announced alongside the regulatory victory, EthereumWorldNews reported at the time. Bloomberg reported on Friday that CySec might back-peddle on

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