Crypto friendly bank in Cyprus

Hello,

Until now, I’ve been using Revolut for all my crypto-related activities, as Bank of Cyprus did not allow any involvement with crypto.

I expected this to change now that crypto has been regulated and an 8% flat tax has been established. However, I contacted them today and was informed that their policy remains unchanged and that crypto-related activity is still not permitted.

My question is: are there any cypriot local banks that allow crypto transactions, or are they all the same in this regard? I’m getting tired of relying on Revolut, especially since it’s a bank based in Lithuania, which feels a bit uncomfortable to me.

Thank you !

Posted Jan 7, 2026, 3:04 PM UTC

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