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.

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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.

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Wizz Air UK Approved For Transatlantic Charter Operations

by THEFUTURE.TEAM

March 8, 2026

Regulatory Milestone Marks Strategic Expansion

Wizz Air UK has been granted permission to operate flights between the United Kingdom and the United States. The approval allows the airline to expand its transatlantic operations following coordination with the relevant aviation authorities.

Tailored Charter Operations Over Regular Commercial Services

Despite receiving authorization to operate transatlantic routes, Wizz Air UK has clarified that it does not plan to launch regular scheduled flights to the United States. Instead, the airline intends to focus on charter services tailored to specific travel needs. These flights are expected to serve European football teams, World Cup supporters, and tour operators organizing group travel between Europe and the United States.

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Capitalizing On Major Global Events

Managing Director Yvonne Moynihan commented on the regulatory approval, noting its importance for the airline’s operational plans. “This is a proud and exciting day for everyone at our airline,” Moynihan said, adding that the authorization allows Wizz Air UK to support major international events, including the World Cup and other large-scale travel demand.

Diverse Opportunities Beyond Sports

The airline also expects charter operations to serve a broader range of clients beyond sports travel. Potential customers include corporate groups, tour operators, sports organizations, and private travelers. According to the company, the new authorization enables Wizz Air UK to expand its charter services between Europe and the United States and respond to demand from organizations requiring dedicated transatlantic flights.

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