Tag: Cyprus
Southern Cyprus Takes Control of the Cryptocurrency Sector: Heavy Penalties Will Be Given
Southern Cyprus is taking steps to resolve legal uncertainties in the local cryptocurrency sector. Southern Cyprus authorities plan to impose heavy penalties against cryptocurrency companies operating without the necessary permits.…
Under pressure: shareholder attack against Bayer boss Baumann
Good morning, dear readers, BayerBoss Werner Baumann is facing uncomfortable weeks. According to financial circles, the activist investor Bluebell is gathering allies after joining the chemical and pharmaceutical company in…
A new backbone for European gas supply?
Athens Those who are said to be dead live longer – at least that is what Alexandra Sdoukou hopes for the planned Eastmed pipeline. “The project now makes more sense…
A new backbone for European gas supply?
Athens Those who are said to be dead live longer – at least that is what Alexandra Sdoukou hopes for the planned Eastmed pipeline. “The project now makes more sense…
A new backbone for European gas supply?
Athens Those who are said to be dead live longer – at least that is what Alexandra Sdoukou hopes for the planned Eastmed pipeline. “The project now makes more sense…
4th Approval from European Countries to Binance: Licensed to Operate in Southern Cyprus
Leading cryptocurrency exchange Binance has announced that it has obtained a Digital Asset Service Provider (CASP) license from the regulatory agency of Southern Cyprus. This is the fourth European country…
The Mysterious Story of the Blue Mansion in Cyprus
Cyprus Blue Mansion, one of the most popular touristic places in the region today, is actually a mysterious structure built by gun smuggler Paulo Paolides, who disguised himself as a…
Why the gas from Cyprus is currently not coming
Athens Cyprus hopes for Aphrodite. That’s the name of the natural gas field off the south-east coast of the Mediterranean island. It takes its name from the ancient goddess of…
Charged with shady dealings in Cyprus
Dimitris Syllouris Together with three other accused, Cyprus’ ex-parliamentary speaker has to answer in court from September. (Photo: AFP/Getty Images) Athens For years, Cyprus has been pilloried for serious irregularities…
Working to Regulate Crypto Assets from Cyprus: Acceptable Before EU’s Common Regulatory Framework
The Greek Cypriot administration is working on its own legislation to regulate crypto assets. The bill may be adopted before a common regulatory framework of the European Union (EU) is…
EU states are demanding changes to Russia sanctions
Vienna Hungary versus the EU: This conflict has also flared up over the question of an oil embargo against Russia – and Hungary’s government seems to be celebrating the dispute…
Cyprus strips Russian oligarchs of their ‘golden passports’
The flags of Cyprus and the EU The EU member state has stripped several oligarchs of their citizenship. (Photo: AP) Berlin The government of Cyprus revokes the so-called “golden passports”…
Why Cyprus is under pressure from EU sanctions
Cyprus and its banks The country is considered a tax and money laundering paradise for oligarchs. (Photo: dpa) Athens Of all heads of state and government, Cyprus President Nikos Anastasiades…
Cyprus Ministry of Finance Published Document on Cryptocurrencies
Publishing an article on its official site last Monday, the Cyprus Ministry of Finance shared its assessment of the money laundering risks associated with cryptocurrency activities and service providers (VASPs)…
An expensive power cable brings tension to the eastern Mediterranean
Istanbul, Athens The Greek Prime Minister Kyriakos Mitsotakis has a plan: “I imagine Greece as an energy hub that connects the Middle East, North Africa and Europe,” said Mitsotakis at…
High gas prices make Turkey and the EU rivals again
Natural gas dispute The operations of Turkish exploration ships in the Mediterranean cause displeasure. (Photo: dpa) Istanbul In the wake of rising oil and gas prices, tensions in the eastern…
Research network uncovered financial behavior of politicians
Valletta harbor in Malta The “Pandora Papers” are said to be the biggest data leak to date on business in tax havens. (Photo: dpa) Berlin An international consortium of investigative…
57 percent of Germans for 2G rules for gastronomy and events – Cyprus and Algarve are no longer high-risk areas
The chairwoman of the education union GEW, Maike Finnern, warns of renewed school and daycare closings due to the corona pandemic in autumn and winter. “Politicians now have to do…
Southern Cyprus Regulator Announces Obligations of Cryptocurrency Companies
The Southern Cyprus Securities and Exchange Commission (CySEC) detailed the rules that crypto money companies that will operate in the country must comply with in the directive published on Monday.…