Asset freeze on 100 companies lifted

Some 100 Cypriot companies caught up in the UK and US sanctions fallout are back in business after restructuring their executive boards, removing sanctioned people for helping Russian oligarchs. The Registrar of

Scores of companies to have assets unfrozen

Cypriot authorities are working on unfreezing the assets of companies caught up in the UK and US sanctions fallout, while another list includes more Cypriot individuals that enabled sanctioned Russian oligarchs. The

Cyprus freezes €1.2 bln in Russian assets

Some €1.2 bln in Russian-owned assets managed by Cyprus-registered companies were frozen in compliance with sanctions imposed on Russia following its invasion of Ukraine, the Finance Ministry said. The ministry told The Associated Press that “the

CySEC steps up supervision of crypto-assets

The Cyprus Securities and Exchange Commission launched a tender for Crypto-Asset Markets Data and Blockchain Analysis Platform Services as applications by Crypto-assets service providers rise. CySEC chair President George Theocharides told CNA

Cyprus investment fund assets rise 48.7%

Τhe Investment Funds sector in Cyprus was significantly strengthened in 2021, with managed assets increasing 48.7%, even though the consequences of the pandemic and uncertainty continued. According to the Cyprus Investment Funds

NFT digital assets soaring in value

The term NFT, or non-fungible token, has frequently appeared in the news, usually followed by an exorbitant amount, which accompanies the sale of one-of-a-kind digital items. Collectable crypto-projects or crypto digital artworks,