Eurotrader, which is a binary options broker, is part of Eurotrade Investments RGB Ltd.
The company’s license – which has not been activated yet – was issued on September 7.
Amendments to the authorisation procedure of CIFs back in July has seen a tightening of the rules by CySEC when it comes to obtaining a license.
According to CySEC’s website, there are 197 registered Cyprus Investment Firms (CIF) to date.
Source: InCyprus
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Georg Bühler, ,
Digital assets are no longer a niche, but a part of modern finance attracting a growing number of investors – and there is immense potential for Cyprus to become a leading cryptocurrency hub. By fostering a more inclusive regulatory ecosystem, Cyprus can diversify its financial services sector and position itself at the forefront of digital finance, says Georg Bühler, Managing Director of Mount Pelion Capital.
Read Georg Bühler's Insight
