The Sandbox is open for applications and aims to advance financial, regulatory, and supervisory technologies.
Over 500 stakeholders, including regulatory bodies and financial institutions, attended the online launch event.
The Cyprus Securities and Exchange Commission (CySEC) has
launched its Regulatory Sandbox. The Regulatory Sandbox is now open for
applications from those involved in FinTech and RegTech in Cyprus.
Regulatory Sandbox Now Live
Details about the Regulatory Sandbox are available on
CySEC's website. CySEC has updated this section to help interested parties. The
updates include videos of the presentations from the launch event and a
Frequently Asked Questions document. The presentations cover the context of the Regulatory
Sandbox. They also explain its legal and operational aspects.
Source: CySEC
The CySEC
launched its Regulatory Sandbox on June 11, 2024, via an online event, as Finance Magnates reported. Over 500
stakeholders from the financial sector attended, including representatives from
regulatory bodies, financial institutions, and innovative firms. Participants
received information on the Sandbox's operational framework and its potential
benefits for market participants.
CySEC Seeks MiCA Feedback
The CySEC
has initiated a consultation to collect market feedback on proposed fees
and reporting requirements under the Markets in Crypto-Assets Regulation
(MiCA). This effort seeks stakeholders' input to shape the future regulatory
framework, with responses due by July 17, 2024.
MiCA aims to establish a unified regulatory framework for
crypto-assets across Europe, targeting fungible crypto-assets not classified as
financial instruments. Effective from May 31, 2023, MiCA seeks to provide
clarity and consistency in the crypto market.
The regulation categorizes crypto-assets into three types:
asset-referenced tokens (ARTs), electronic money tokens, and other
crypto-assets. MiCA also introduces new categories of entities under CySEC
supervision, including offerors of crypto-assets, issuers of ARTs (excluding
credit institutions), and crypto-asset service providers.
MiCA has already prompted changes in the industry. For
example, Binance announced plans to comply with MiCA's requirements for issuing
and offering stablecoins.
The Cyprus Securities and Exchange Commission (CySEC) has
launched its Regulatory Sandbox. The Regulatory Sandbox is now open for
applications from those involved in FinTech and RegTech in Cyprus.
Regulatory Sandbox Now Live
Details about the Regulatory Sandbox are available on
CySEC's website. CySEC has updated this section to help interested parties. The
updates include videos of the presentations from the launch event and a
Frequently Asked Questions document. The presentations cover the context of the Regulatory
Sandbox. They also explain its legal and operational aspects.
Source: CySEC
The CySEC
launched its Regulatory Sandbox on June 11, 2024, via an online event, as Finance Magnates reported. Over 500
stakeholders from the financial sector attended, including representatives from
regulatory bodies, financial institutions, and innovative firms. Participants
received information on the Sandbox's operational framework and its potential
benefits for market participants.
CySEC Seeks MiCA Feedback
The CySEC
has initiated a consultation to collect market feedback on proposed fees
and reporting requirements under the Markets in Crypto-Assets Regulation
(MiCA). This effort seeks stakeholders' input to shape the future regulatory
framework, with responses due by July 17, 2024.
MiCA aims to establish a unified regulatory framework for
crypto-assets across Europe, targeting fungible crypto-assets not classified as
financial instruments. Effective from May 31, 2023, MiCA seeks to provide
clarity and consistency in the crypto market.
The regulation categorizes crypto-assets into three types:
asset-referenced tokens (ARTs), electronic money tokens, and other
crypto-assets. MiCA also introduces new categories of entities under CySEC
supervision, including offerors of crypto-assets, issuers of ARTs (excluding
credit institutions), and crypto-asset service providers.
MiCA has already prompted changes in the industry. For
example, Binance announced plans to comply with MiCA's requirements for issuing
and offering stablecoins.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
Can Prop Trading Work Without Leverage? A Handful of Firms Are Finding Out
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters