CRYPTO EXPERT SURVEY CYPRUS

About the project:

The Crypto Expert Survey Cyprus is part of the European Crypto Expert Survey initiative that aims to provide a high-quality empirical basis for academic research on expectation formation in the European crypto sector. The project involves collecting information from crypto industry experts in Cyprus.

The survey employs proven methodologies from well-established economic surveys, including the ZEW Financial Market Survey, ifo Institute Business Climate Index, Duke University CFO Survey, and the Federal Reserve Bank of Atlanta’s Survey of Business Uncertainty. These frameworks have been adapted to reflect the unique dynamics of the cryptocurrency industry. The Cyprus National Bioethics Committee issued a favourable opinion for the conduct of the survey in Cyprus.

The survey was initially launched by IU International University of Applied Sciences in the DACH region (Germany, Austria, and Switzerland). The University of Limassol joined the initiative to expand the survey’s reach to the crypto community in Cyprus.

The aim of the project is to generate, through regular surveys, the following country-specific indicators:

Crypto Business Climate Index – Cyprus
Crypto Optimism Index – Cyprus
Crypto Market Expectations Index – Cyprus,

as well as to compare them with similar aggregated Europe-wide crypto indices.

These indicators reflect sentiment and expectations within the industry and market and will be made publicly available to support decision-makers in business, politics, and regulation.

01.08.2025 – 31.01.2027

The project involves collecting information from crypto industry experts in Cyprus. The Crypto indicators are publicly available to support decision-makers in business, politics, and regulation.

To be updated

Partnership:

UoL Project Team:

Dr Paris Cleanthous is the Vice Dean of the CIIM Business School, Chairperson of the Department of Management, and Director of the MBA and MPSM programs at the University of Limassol (UoL). He is an Associate Professor of Strategy and Marketing. Dr Cleanthous holds a PhD in Economics from Yale University. He has served as an Associate Professor at CIIM (2012–2023) and has previously held academic and professional positions at New York University (Stern School of Business), the University of Cyprus, the London School of Economics and Political Science (LSE), and the International Monetary Fund (IMF). His research and teaching interests focus on strategic growth, strategic innovation, marketing strategy, competitive advertising, and market research, with applications primarily in the fields of tourism and healthcare.

Dr Andrey Afanasiev is the Chair of the Department of Economics and Finance and Director of the MSc in Digital Finance and MSc in Financial Services. He is an Associate Professor of Finance and Risk Management at the University of Limassol. He received his PhD in Mathematics from the Steklov Institute of Mathematics and a PhD in Finance from the Institute of Economics of the Russian Academy of Sciences. Dr Afanasiev has more than 25 years of experience in international banking and risk management, covering Europe, emerging markets, and the Gulf region. His research and teaching interests include investments, financial and derivatives markets, stochastic finance, risk modelling methods, artificial intelligence, and machine learning with applications in financial services.

Dr Ekaterina Koroleva is an Associate Professor of FinTech at UoL. She received her PhD in Business Administration and Management (Topic: FinTech Business Models and Their Linkages with Customers and Founders) in 2022 from Tallinn University of Technology (Estonia). In 2016, she obtained a PhD in Regional Economics from the Institute of Regional Economic Problems (Russia). Ekaterina has more than 10 years of teaching experience. Her research and teaching interests are in the fields of financial technologies, digitalisation of the financial sector, and big data analytics with applications in finance.