The Cypriot financial regulator CySEC has announced that it has withdrawn the financial services authorization of Stone Edge Capital Ltd, license number 311/16 due to the company’s non-compliance with the Investment Services and Activities and Regulated Markets Law, as well as the Prevention and Suppression of Money Laundering and Terrorist Financing Law. After the revocation of the license, the company is obliged to return all funds belonging to its clients, including profits, as well as to stop providing investment services.