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cyprus

Conceptual business illustration of risk zone metaphor with businessman silhouette standing like between a rock and a hard place. Minimalistic vector illustration

Consensus Magazine

This Crisis Will Define the Future of Money

The recent collapse of three high profile banks Silicon Valley Bank Silvergate Bank and Signature Bank has caused worrying outflows at hundreds of regional banks Now with the U S Federal Reserve creating a new backstop facility reportedly worth 2 trillion and Switzerland’s central bank bailing out Credit Suisse to the tune of 54 billion [...]

By Michael J. Casey

Mar 17, 2023 at 6:11 p.m. UTC

Mar 17, 2023

Markets

Bitcoin

Silicon Valley Bank Crisis a 'Cyprus Moment' for Bitcoin: Crypto Observers

The Fed's aggressive rate hikes and balance sheet reduction have caused an historic bank failure, fashioning a real-time ad for bitcoin self-custody, observers said.

By Omkar Godbole

Mar 13, 2023 at 8:53 a.m. UTC

Mar 13, 2023

BitcoinMarketsCyprusSvb financial

Policy

Crime

Multimillion Euro Crypto Fraud Operation in Bulgaria, Cyprus and Serbia Busted

Authorities searched four call centers and 18 other places and arrested five people.

By Jamie Crawley

Jan 13, 2023 at 12:47 p.m. UTC

Jan 13, 2023

CrimeScamsBulgariaCyprusSerbia

CDCROP: Sam Bankman-Fried and Bill Clinton at Crypto Bahamas conference in Nassau in April 2022 (Danny Nelson/CoinDesk)

Business

Ftx

FTX Has European License Suspended by Cyprus Regulator

The troubled exchange's European arm FTX EU has had its license in Cyprus suspended just two months after securing it.

By Oliver Knight

Nov 11, 2022 at 11:39 a.m. UTC

Nov 11, 2022

FTXFTX EuropeCyprusEU

Business

Cyprus

Binance Wins Registration as Crypto Asset Service Provider in Cyprus

The crypto exchange can now offer more types of digital-asset services.

By Oliver Knight

Oct 20, 2022 at 12:18 p.m. UTC

Oct 20, 2022

CyprusBinanceRegulationCrypto ExchangeChangpeng "CZ" Zhao

CDCROP: University of Nicosia (nicosia.sgul.ac.cy)

Layer 2

Education week

Best Universities for Blockchain 2022: University of Nicosia

Industry partnerships and two blockchain research centers propels Cyprus' top university to No. 39. This story is part of CoinDesk's Education Week.

By Jeanhee Kim

Sep 26, 2022 at 11:37 a.m. UTC

Sep 26, 2022

Education WeekUniversities 2022Cyprus

Business

Revolut

Digital Bank Revolut Gets Approval to Offer Crypto Services Throughout Europe

The authorization will let the firm, which was valued at $33 billion in a recent funding round, offer crypto services to its 17 million customers in the European Economic Area.

By Jamie Crawley

Aug 15, 2022 at 9:52 a.m. UTC

Aug 15, 2022

RevolutCyprusEuropean UnionRegulationEurope

Policy

Ftx

FTX Taps Ex-Liechtenstein Regulator as EU Strategy Lead

Marcel Lötscher, previously a senior official at the country's financial market supervisor, will become head of regulatory strategy for the global crypto exchange in October.

By Jack Schickler

Mar 28, 2022 at 3:00 p.m. UTC

Mar 28, 2022

FTXHiringCyprusSwitzerlandEuropean UnionCrypto Exchange