Last Week Recap: Updates on Trading.com, Revolut, Sberbank, Cyprus and Binance

​Fazzaco continued extensively covering the latest trends in forex, crypto, fintech, and prop trading last week. The below is the selected highlights of last week.

Trading.com Expands EEA Offering with Launch of Share Investment Account

Trading.com has officially rolled out its Investment Account for clients within the European Economic Area (EEA), marking an expansion of its service suite. The new offering allows users to invest directly in equities listed on major global exchanges through the firm’s existing platform infrastructure.

BU Clarifies Regulatory Status Following Revolut Account Closures for Residents

The National Bank of Ukraine (NBU) has addressed the recent decision by European fintech giant Revolut to terminate services for its Ukrainian-based residents, underscoring that all financial service providers must operate under local licensing frameworks.

Global M&A Deal Value Jumps to $4.5 Trillion in 2025 as Megadeals Return

Global mergers and acquisitions activity rebounded sharply in 2025, with total deal value climbing nearly 50% to about $4.5 trillion, according to data from London Stock Exchange Group (LSEG). The figure represents the second-highest annual total on record, surpassed only by the surge seen during the pandemic-driven boom of 2021.

Sberbank Extends Russia’s First Crypto-Backed Loan to Major Bitcoin Miner

Sberbank has issued Russia’s first crypto-backed loan to Intelion Data, one of the country’s largest Bitcoin mining companies. The pilot transaction uses Bitcoin mined by Intelion as collateral, treating digital assets as working capital rather than passive balance-sheet holdings.

Cyprus to Introduce 8% Flat Tax on Crypto Profits Amid Regulatory Overhaul

Cyprus is preparing to implement a dedicated tax regime for digital assets, which will introduce a competitive 8% flat tax rate on crypto-related profits for brokers. Expected to take effect on January 1, 2026, this reform aims to position the jurisdiction as a low-tax hub within the European Union. For specialized crypto brokerages, the new 8% rate represents a reduction from the current 12.5% corporate tax rate.

Binance Suspends Direct Card Withdrawals in Ukraine Amid Payment Provider Transition

Binance has suspended direct fiat withdrawals to Visa and Mastercard for users in Ukraine following changes at its fiat service provider, Bifinity UAB. According to local reports, the pause is specifically linked to Bifinity’s scheduled discontinuation of fiat services by the end of 2025 due to regulatory shifts. The exchange has indicated that this suspension primarily affects Ukrainian customers who previously utilized Bifinity for card-based payouts.