The Cyprus Securities and Exchange Commission (CySEC) recently published a report discussing the ongoing activities of its Innovation Hub — a cooperative entity that was launched in October 2018 as a platform for engagement between CySEC and entities operating in the fintech and regtech sectors.
Nineteen different companies directly engage with the platform, nine of which comprised projects utilizing blockchain. Among these companies were several projects using distributed ledger technology (DLT) to transfer and verify ownership of financial instruments, trading facilities that operate using blockchain, and a venture capital fund investing in virtual currency startups.
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