Cyprus' securities regulator, CySEC, has extended the suspension of FTX Europe until May 30, 2025. This marks the fourth extension since the crypto exchange's collapse nearly two years ago. The suspension prohibits FTX EU from offering services, accepting new clients, or advertising, but allows the completion of transactions and the return of funds to clients.

Cyprus’ financial regulator has extended its suspension of FTX’s European arm by another six months, just days before the crypto exchange crosses the second anniversary of its collapse. In a notice on Nov. 5, the Cyprus Securities and Exchange Commission (CySEC) announced the suspension had been extended until May 30, 2025, prohibiting FTX EU from offering services, accepting any new clients or advertising. It still allows the firm to complete transactions and return funds to clients. 

Cyprus Regulator Extends FTX Europe Suspension to 2025