The Cyprus Securities and Exchange Commission (CySEC) will conduct on-site inspections and desk-based reviews of authorized crypto asset service providers from the second half of 2026 through mid-2027 as part of ESMA's EU-wide supervisory action examining digital resilience and custody infrastructure.
Rashad Sultanov, a 44-year-old dual British-Azerbaijani national from London, was arrested in Cyprus on July 17 on suspicion of spying on RAF Akrotiri and passing information to Iran's Islamic Revolutionary Guard Corps. Britain has requested his extradition in what marks the first British investigation abroad under the National Security Act.
Israeli naval forces intercepted and raided the Global Sumud Flotilla carrying humanitarian aid to Gaza near Cyprus, detaining Pakistani humanitarian worker Saad Edhi (son of Faisal Edhi) and other activists. The seizure sparked international outrage and condemnation.
