Cypriot nationals increasingly involved in cryptocurrency

There is “intense interest” in cryptocurrency business in Cyprus, the head of the Securities and Exchange Commission (SEC) said on Monday.

SEC chairman Giorgos Theocharides was speaking to journalists following a session of the House finance committee which reviewed SEC’s proposed budget for fiscal year 2026.

Currently, Theocharides said, eight companies are licensed to trade in cryptocurrencies, while 21 more entities have applied.

According to Theocharides, Cypriot...