CySEC2026-08-09 07:42:45CySEC to Inspect Crypto Asset Service Providers in 2026-2027, Focus on Private Key SecurityThe Cyprus Securities and Exchange Commission (CySEC) has announced plans to conduct both on-site inspections and off-site reviews of authorized crypto asset service providers, with the checks scheduled across the second half of 2026 and the first half of 2027. Institutions selected for sampling will include those providing digital asset custody services. The effort is part of the 2026 common supervisory action coordinated by the European Securities and Markets Authority (ESMA). According to CySEC, the inspections will assess institutional governance and control frameworks, key and storage management, private key security, wallet storage and access controls. The scope also covers trading controls, monitoring and incident response, smart contract security and third-party risk management. CySEC noted that the relevant standards are mandatory, and that each institution's compliance readiness will be used as a basis for determining which entities are selected for subsequent inspections. Specific institutions and the total number of service providers to be examined have not been disclosed.1870
Omilia2026-08-07 09:01:48Cypriot AI Customer Service Firm Omilia Raises $67M Series BAccording to ChainCatcher, Omilia, a Cyprus-based enterprise AI customer service company, has completed a $67 million Series B funding round. The round was led by Expedition Growth Capital. Omilia said the proceeds will be used to accelerate business expansion in North America and other global markets. The company also plans to open its first U.S. office in the second half of 2026. Omilia was founded in 2002. It develops proprietary voice AI technology for enterprise contact centers, providing self-learning agent CX solutions. The platform supports compliance standards including FedRAMP, PCI-DSS, SOC 2, HIPAA and GDPR. The funding amount, lead investor, and expansion targets come from the company's announcement. The company expects to establish a U.S. presence in 2026. Its product focuses on voice-driven automation for call center environments. The compliance certifications cover security, data protection, and industry-specific requirements. Expedition Growth Capital led the round.1980