{"id":66003,"date":"2022-08-18T17:09:42","date_gmt":"2022-08-18T14:09:42","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=66003"},"modified":"2025-09-06T23:04:27","modified_gmt":"2025-09-06T20:04:27","slug":"revolut-to-create-a-cryptocurrency-hub-in-cyprus","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/revolut-to-create-a-cryptocurrency-hub-in-cyprus\/","title":{"rendered":"Revolut to create a cryptocurrency hub in Cyprus"},"content":{"rendered":"<p>The fintech company Revolut has begun creating a new cryptocurrency hub in Cyprus to comply with the rules of the local regulator <span data-descr=\"Cyprus Securities and Exchange Commission\" class=\"old_tooltip\">CySEC<\/span>. <a href=\"https:\/\/cyprus-mail.com\/2022\/08\/17\/revolut-to-create-new-crypto-hub-in-cyprus-praises-cysec\/\">report<\/a> local media.<\/p>\n<p>The hub will enable the payments system to carry out cryptocurrency transactions across the EU.<\/p>\n<p>Representatives of Revolut said they support the stringent customer-protection measures proposed by CySEC to prevent any abuses in the crypto market.<\/p>\n<p>These rules are enshrined in the MiCA regulation, <a href=\"https:\/\/forklog.news\/v-evrope-dostigli-soglasheniya-po-obshirnomu-kriptoregulirovaniyu\/\">as agreed by the European Parliament<\/a> on June 30.<\/p>\n<p>Among other things, MiCA proposes to place crypto assets, their issuers and service providers under a single regulatory framework.<\/p>\n<p>Last week, Revolut received <a href=\"https:\/\/forklog.com\/en\/news\/revolut-to-start-offering-crypto-services-in-cyprus\">CySEC permission to provide cryptocurrency services<\/a> in the European Economic Area for 17 million clients.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The fintech company Revolut has begun creating a new cryptocurrency hub in Cyprus to comply with the rules of the local regulator CySEC.<\/p>\n","protected":false},"author":1,"featured_media":66004,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1862,1396],"class_list":["post-66003","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cyprus","tag-revolut"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/66003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=66003"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/66003\/revisions"}],"predecessor-version":[{"id":66005,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/66003\/revisions\/66005"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/66004"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=66003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=66003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=66003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}