Cyrpus’ securities regulator has extended the suspension on FTX Europe for the fourth time, which stops trading on the platform but allows customers to withdraw funds.
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.
