The Cyprus Securities and Exchange Commission (CYSEC) has once again extended the suspension period for the license of FTX (EU) LTD, a local subsidiary of the now-defunct cryptocurrency exchange FTX in Cyprus. The latest suspension of the license will continue until September 30, 2024. It is reported that CYSEC initially suspended the FTX EU license in November 2022 and has since extended the suspension multiple times. Despite FTX EU entering bankruptcy proceedings, the Cypriot regulatory authority emphasizes that as long as the license is suspended, the exchange cannot "provide/conduct investment services/activities, engage in any commercial transactions with anyone, and accept any new transactions."

Odaily Planet Daily News - The Cyprus Securities and Exchange Commission (CySEC) has once again extended the suspension period for the license of FTX (EU) Ltd, a local subsidiary of the now-defunct cryptocurrency exchange FTX in Cyprus. The latest suspension of the license will continue until September 30, 2024. It is reported that CySEC initially suspended the FTX EU license in November 2022 and has since extended the suspension period multiple times. Despite FTX EU entering bankruptcy proceedings, the Cypriot regulatory authority emphasizes that as long as the license is suspended, the exchange cannot "provide/conduct investment services/activities, engage in any commercial transactions with anyone, and accept any new transactions."

Cyprus regulatory authority extends suspension of FTX EU license until September 2024