Cyprus Finalizes Bitcoin Draft Regulation What Are They

Last updated: June 9, 2025, 14:38

Cyprus Finalizes Bitcoin Draft Regulation What Are They

Cyprus has prepared its own

Cyprus has finalized a draft regulation for cryptocurrencies and may implement the framework before any other European nation.

Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The

Engaging with members of the local fintech community in Cyprus, Deputy Minister for Research, Innovation and Digital Policy, Kyriacos Kokkinos, says that a ‘very

Cyprus has ready its own

Cyprus has ready its own legislation to manage crypto assets and is probably going to adopt it before Europe finalizes a standard regulative framework, a

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Cyprus offers a legal framework

Cyprus offers a legal framework for cryptocurrency that aligns with EU standards, particularly through the AML Law, which clarifies crypto-assets and highlights anti-money laundering efforts.

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Cyprus finalizes Bitcoin draft regulation. What are they?

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In Cyprus

In Cyprus, cryptocurrencies are legal. The country doesn’t have any specific legislation that prohibits the use of digital currencies like Bitcoin, Etherium, Litecoin, Dogecoin, Tether

Even though Bitcoin’s price remains exposed to more weakness this year, countries around the world are still looking to advance their crypto agenda. Recently