CySEC Cracks Down On Unlicensed Investment Platforms In Cyprus

by THEFUTURE.TEAM

February 27, 2026

Regulatory Alert

The Cyprus Securities and Exchange Commission (CySEC) has issued a stern warning to investors regarding four online platforms that operate without the necessary authorisation under Cypriot law. The websites deumarket.com, crowd-base.com, velorato.com, and xt-blimited.com have been identified as unlicensed entities that are not permitted to provide investment services or perform investment activities in Cyprus.

Implications Of Operating Without Licence

CySEC emphasized that the absence of proper licensing implies these platforms do not adhere to the stringent regulatory requirements designed to protect investors. Operating without authorisation not only breaches legal standards but also exposes investors to heightened risk due to the lack of regulatory oversight and consumer safeguards.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Guidance For Cautious Investment Decisions

Investors are advised to exercise extreme caution when considering transactions on these sites. To verify the legitimacy of investment service providers, CySEC urges the public to consult its official website. This resource provides up-to-date information on which entities are duly licensed, ensuring that potential investors can make informed decisions.

Commitment To Investor Protection

This regulatory effort underscores CySEC’s unwavering commitment to maintaining the integrity of the investment services landscape in Cyprus. By actively identifying and warning against unlicensed entities, CySEC reinforces market standards and bolsters investor confidence in the financial ecosystem.

The Future Forbes Realty Global Properties

Cyprus Introduces €200 Million Support Measures To Cut Energy And Food Costs

by THEFUTURE.TEAM

March 27, 2026

Comprehensive Relief Measures For A Resilient Economy

The government of Cyprus introduced support measures exceeding €200 million to reduce household expenses and support key sectors. The package targets energy costs, food prices, tourism and agriculture. Measures come in response to rising costs and supply pressures. Implementation begins in April and May 2026.

Energy And Fiscal Reforms

The government will reduce VAT on electricity for households to 5% from May 1, 2026, to March 31, 2027. The measure is expected to lower energy bills. Special consumption tax on transport fuels will decrease by 8.33 cents per liter between April and June 2026. Policy targets fuel-related costs.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Broadening The Zero VAT Initiative

Authorities will expand the list of products with zero VAT. Meat, poultry and fish will be included from April 1 to September 30, 2026. Existing zero-VAT categories already include fruits and vegetables. The government also decided not to introduce a green tax on fuels, avoiding an additional cost of about 9 cents per liter.

Sector-Specific Supports

The package includes a 30% wage subsidy for hotel employees for April 2026. Measure supports tourism businesses during the early season. Support for airlines aims to maintain connectivity with key destinations. The agriculture sector will receive subsidies covering 15% of costs for fertilizers and supplies in April and May.

Economic Stability, National Security

President Nikos Christodoulidis said economic stability remains a priority for the government. He noted that growth, fiscal balance and inflation trends support current policy decisions. Statement links economic policy with broader national priorities. The government continues to monitor external risks.

Ensuring Consumer Protection

Furthermore, the government has mandated rigorous market oversight and intensified inspections to prevent exploitative pricing during this period of economic intervention. This proactive stance ensures that the benefits of the measures directly serve the citizens without unintended inflationary impacts.

Breaking news