Cyprus News

Cyprus is an island republic in the eastern Mediterranean with a population of around one million. Cyprus has a diversified and prosperous free-market economy that is mostly built on the its service industry, with its most important exports being medicine, agriculture and products of light manufacturing. However, the economy of Cyprus largely suffered from the eurozone banking crisis, which it has only started to recover from since 2014. Cyprus has a good investment climate due to its liberalized stock exchange and business-friendly tax system that led to the establishment of Cyprus as a financial hub for investments from Asia, Russia and Eastern Europe. The use of Bitcoin is not regulated in Cyprus. Although the Central Bank of England issued a warning statement about the use of cryptocurrencies, Cyprus continues to welcome blockchain and cryptocurrency startups, and it allows Bitcoin exchanges and ICOs.

Analysis
As vaccinations continue to be rolled out globally, more countries are starting to open up their borders to tourists.
Walking on sunshine: Top crypto summer vacation destinations in 2021
Shiraz Jagati
2021-05-15T11:14:00+01:00
14325
News
Cyprus is becoming a hotspot for Blockchain technology.
VeChain’s New Partnership Could Bring Blockchain Tech to Dozens of Untapped Industries
Felipe Erazo
2020-08-17T19:19:00+01:00
23016
News
The Cyprus Securities and Exchange Commission blacklists another batch of allegedly illegal firms offering crypto and FX trading.
Cyprus SEC Blacklists 7 Investment and Crypto-Related Websites
Helen Partz
2020-08-11T11:15:00+01:00
6990
News
VeChain’s medical records blockchain platform in Cyprus lets people prove, and control, COVID-19 test results.
Cyprus Hospital Ready to Store COVID-19 Test Results on Blockchain
Ting Peng
2020-06-21T23:00:00+01:00
8819
News
A hospital in Cyprus will soon deploy a blockchain-based medical data management system built by VeChain.
Cyprus Hospital to Deploy DLT-Based Medical Data Management
Samuel Haig
2020-05-17T20:00:00+01:00
5575
News
Despite the unregulated status of crypto in Cyprus, the nation's securities regulator is promoting and adopting blockchain.
Cyprus SEC Embraces Blockchain Despite Unregulated Status of Crypto
Samuel Haig
2020-02-21T12:13:00+00:00
3273
New Year Special
The New Year is a time for self-development as well as splashing the cash. Here’s how you can spend like royalty in Europe.
New Year 2020 Crypto Shopping Guide for Filthy Rich Hodlers
Joseph Birch
2019-12-28T08:55:00+00:00
7431
News
Cyprus’ SEC recently flagged three investment platforms that look almost identical and falsely asserted ties to licensed firm BDSwiss.
Cyprus SEC Flags 3 Trading Platforms That Look Suspiciously Similar
Benjamin Pirus
2019-12-23T19:18:00+00:00
5484

Follow us on Facebook