The Cypriot regulator has extended the suspension of FTX EU licenses until September 30
2024-04-16 17:45:33
The Cyprus Securities and Exchange Commission (CySEC) has once again extended the suspension of the license of FTX (EU) Ltd, the local Cyprus subsidiary of the now defunct cryptocurrency exchange FTX. The latest suspension of the license will last until September 30, 2024. It is reported that the Cyprus Securities and Exchange Commission initially suspended the FTX EU license in November 2022, and has extended the suspension several times since then. Although FTX EU has entered into bankruptcy proceedings, the Cypriot regulator stressed that as long as the license is suspended, the exchange cannot "provide/carry out investment services/activities, conduct any commercial transactions with anyone and accept any new transactions".
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