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The foreign exchange sector in Cyprus is firmly regulated and plays a vital role in supporting the national economy, employing thousands of people and contributing significantly to growth.   At a recent conference dedicated to explaining the institutional framework of the industry, stakeholders highlighted that forex is a legitimate and strictly supervised financial activity, clearly separate from illegal operations and fraud.   Strict supervision and full European compliance

The Cypriot economy sustained a strong and steady course through December 29, 2025, with the government managing to steer through a challenging international environment while advancing far-reaching domestic reforms. Globally, uncertainty intensified early in the year as renewed trade frictions surfaced following tariff announcements by US President Donald Trump, reigniting concerns over rising inflation and a potential deceleration in global economic growth. These developmen