Cyprus SEC gets Tough on International Forex, Bitcoin Traders
Cyprus SEC gets Tough on International Forex, Bitcoin Traders International Forex trading hub Cyprus has signaled that “comply or close shop” standards will be enforced within nine months, causing uncertainty among FX companies, some of them holding Bitcoin/fiat positions. Retail trading companies located on the island offering clients Bitcoin/fiat pair options have yet to be instructed on Bitcoin options but the latest Cyprus Securities and Exchange Commission (CySEC) statements and the Central Bank of Cyprus’ view on cryptocurrencies may…