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CySEC Issues Stern Warning On Unauthorized Online Investment Platforms

The Cyprus Securities and Exchange Commission (CySEC) has issued a decisive warning to investors regarding several online platforms that lack the proper authorization to operate as investment service providers in Cyprus. This move underscores CySEC’s commitment to maintaining a transparent and secure financial environment for all market participants.

Unauthorised Investment Platforms Under Scrutiny

CySEC has identified a number of websites—including amazon-forex.com, novatradecore.com, vall-fin.com, daoroyal.com, capitaldealhub.com/AI_app_es, digiteamagency.com/second-income, seamanfx.com, newfuturevip.com, trademarketcup.com, fxtrade.app, and mexc.com—that do not belong to any entity granted legal authorization under the current investment services legislation. These platforms are not permitted to offer investment services or engage in investment activities within the Republic, a fact that raises significant concerns for prudent investors.

Investor Caution Advised

In its statement, CySEC emphasized that these websites operate without legal permission, urging investors to conduct due diligence before entering into financial engagements. By verifying the legitimacy of any investment firm, investors can avoid potential risks associated with unauthorized financial activities. CySEC recommended visiting its official website at cysec.gov.cy to review the current list of licensed entities, ensuring that any engagement aligns with regulatory standards.

Ensuring Regulatory Compliance

In today’s digital landscape, the proliferation of unauthorized investment services can undermine investor confidence and destabilize market integrity. This alert from CySEC serves as an important reminder that rigorous verification and adherence to regulatory guidelines are essential steps for safeguarding one’s investments. By taking proactive measures and consulting trusted sources, investors can navigate the complex financial terrain with greater assurance and confidence.

doValue Cyprus Strengthens Market Leadership With New Astrobank Portfolio

Expanding Market Influence

Loan and real estate management firm doValue Cyprus has significantly reinforced its domestic presence in non-performing loan servicing by acquiring a new portfolio from Astrobank Public Company Limited. This development follows Astrobank’s recent transition, marked by the transfer of key operations to Alpha Bank Cyprus Limited and the subsequent surrender of its banking licence.

Strategic Acquisition And Swift Execution

Finalized on November 3, 2025, the agreement underscores a decisive strategic shift as doValue Cyprus assumes management of Astrobank’s remaining portfolio. The immediate commencement of portfolio management is a testament to the firm’s commitment to delivering specialized, resilient solutions within the non-performing loan market.

Expertise Driving Market Growth

Chief Executive Officer Varnavas Kourounas emphasized that the latest portfolio acquisition not only expands the firm’s operational footprint but also validates its credibility and deep expertise in the competitive Cypriot financial sector. The strategic move is aligned with the broader growth ambitions of the doValue Group.

Broader Market Implications

Operating as part of the international doValue Group—the largest independent loan and real estate management organization in Southern Europe—doValue Cyprus is well-positioned to leverage its newly expanded portfolio. With approximately €136 billion in assets under management, the group maintains a dominant presence across Italy, Greece, Spain, Portugal, and Cyprus. Moreover, its subsidiary, Altamira Real Estate, runs Cyprus’ largest real estate platform, managing extensive property portfolios alongside the island’s most comprehensive sales network.

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