CySEC - Xperts Studio

CySEC Warns of Fake Recovery Sites Targeting Fraud Victims

Cyprus's financial regulator is warning investors about fraudulent websites that target people who've already lost money to investment scams, pretending to help recover their funds while actually collecting personal information for further fraud.Scammers Target…

July 29, 2025 0 31Views

Binance

FSA Seychelles Licences WeTrade; CySEC Authorised It Earlier This Year

WeTrade Capital Limited, a financial brokerage firm based in Cyprus, has received a Securities Dealer Licence from the Financial Services Authority of Seychelles. The company will operate from its registered office at the…

July 18, 2025 0 36Views

Binance

CySEC Lowers Deposit Limit Before ID Check: Will It Impact CFD Brokers’ Client Onboarding?

The Cyprus Securities and Exchange Commission (CySEC) issued a circular on July 9, 2025, updating the requirements for verifying customer identities under the country’s anti-money laundering law. The circular applies to all entities…

July 9, 2025 0 29Views

Exchanges

CySEC Says Former FTX EU (Now Trek Labs) Meets Compliance, Lifts Suspension

The Cyprus Securities and Exchange Commission (CySEC) announced on July 4, 2025, that it has recalled the suspension of the authorisation of Cyprus Investment Firm Trek Labs Europe Ltd. This decision was made…

July 4, 2025 0 45Views

Blockchain

CFDs Brokers Are to Adjust as CySEC Moves Away from Excel Reporting

Leaders Roundtable: Trading Industry in Motion | FMAS:25 Leaders Roundtable: Trading Industry in Motion | FMAS:25 …

June 27, 2025 0 26Views

Markets

CySEC Withdraws Itrade Global's Licence 2 Years After It Shut Down CFDs Broker

The Cyprus Securities and Exchange Commission (CySEC) has withdrawn Itrade Global's operational licence. The company operated two forex and contracts for differences (CFDs) broker brands, TradedWell and InvestFW.The licence withdrawal…

June 13, 2025 0 25Views

Markets

Forex Firms, Drug Money, and Cyprus: Mayor’s Allegations Spark CySEC Response

Paphos Mayor Phedonas Phedonos has made strong allegations that Cyprus has become part of an international money laundering network involving Latin American drug cartels. Speaking on social media, the mayor claimed that some…

June 2, 2025 0 46Views

Blockchain

Admirals Clone Among 14 Unauthorized Sites Flagged by CySEC

The Cyprus Securities and Exchange Commission (CySEC) has issued a warning about 14 websites operating without proper authorization to provide investment services or activities under Cyprus law.The regulatory body identified several unauthorized platforms, including…

May 20, 2025 0 55Views

Binance

CySEC Withdraws BDSwiss’ B2B Unit Viverno Markets’ CIF License

The Cyprus Securities and Exchange Commission (CySEC) has withdrawn the investment firm license of Viverno Markets Ltd, the B2B unit of BDSwiss. The regulator made the decision after determining that the company…

May 9, 2025 0 92Views