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Cyprus
CY / CYP · Asia · Western Asia
Improving
Country Information
- ISO Code
- CY (CYP)
- Region
- Asia
- Sub-Region
- Western Asia
- Status
- Active
- Crypto Regulatory Status
- Improving
- Summary
- Cryptocurrency was deemed to not be legal tender in 2014. The Central Bank of Cyprus has warned about the risks of using them. They are not regulated, however, the government has drafted a bill on crypto assets and is looking to implement the regulations. Additionally in 2020, the Cyprus Securities and Exchange Commission (CySEC) passed Circular C417 entitled 'Prudential Treatment of Crypto Assets and Enhancement of Risk Management Procedures Associated With Crypto Assets'.
Regulatory Status Summary
Allowed-Regulated:
2
Status History by Topic
| Topic | Jan 2025 | Feb 2025 | Mar 2025 | Apr 2025 | May 2025 | Jun 2025 | Jul 2025 | Aug 2025 | Sep 2025 | Oct 2025 | Nov 2025 | Dec 2025 |
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| Retail_Trading_Status |
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Legend:
Allowed-Regulated
Allowed-Unregulated
Gray-Zone
Banned
Unclear
No data
Latest
Latest Analyses
Regulation analyses for Cyprus
| Topic | Status | Confidence | Updated | Actions |
|---|---|---|---|---|
| Retail_Trading_Status | Allowed-Regulated | High Confidence | 1d ago | View |
| Retail_Trading_Status | Allowed-Regulated | Unknown | 24w ago | View |
All Analysis Versions
3 total versions (including archived)
All Analysis Versions
3 total versions (including archived)
| Topic | Status | Version | Date | Actions |
|---|---|---|---|---|
| Retail_Trading_Status | Allowed-Regulated | Latest | 2025-12-12 04:06 | View |
| Retail_Trading_Status | Allowed-Regulated | Latest | 2025-06-26 13:18 | View |
| Retail_Trading_Status | Allowed-Regulated | Archived | 2025-04-12 06:50 | View |