ECB revokes RCB license

The European Central Bank (ECB) said it had withdrawn Cypriot lender RCB’s banking license months after the central bank restricted parts of its business. In March, RCB Bank struck a deal with

Binance gets Cyprus crypto license

The Cyprus Securities and Exchange Commission (CySEC) has granted cryptocurrency exchange Binance Class 3 registration as a crypto asset services provider. Following in the footsteps of rival crypto exchange FTX, which set

Warning over ‘ghost bank’

The Central Bank of Cyprus has warned businesses and the public of a ‘ghost’ bank called Sabax operating in Limassol, noting the entity has not been licensed by the supervising authority. In