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Cyprus regulator extends FTX ban until May 2025

Cyprus regulator extends FTX ban until May 2025

CointimeCointime2024/11/06 05:33
By:Cointime

the Cyprus Securities and Exchange Commission (CySEC) announced in a notice on November 5 that the suspension period has been extended to May 30, 2025, prohibiting FTX EU from providing services, accepting any new customers, or conducting advertising promotions. However, the company is still allowed to complete transactions and return funds to customers.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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