https://knews.kathimerini.com.cy/en/business/cyprus-banks-bracing-for-profit-squeeze-according-to-moody-s
Moody's believes that Cyprus' small and saturated banking sector, the banks' limited loan portfolio, and low fee and commission income will restrict opportunities for growth in domestic banks' activities and profitability in the long term....
https://knews.kathimerini.com.cy/en/news/cbc-governor-herodotou-reveals-breakthrough-in-digital-finance
The Central Bank of Cyprus has completed the tender for a new digital platform for customer compliance, said CBC Governor Constantinos Herodotou, speaking at an event organized by the Association of Cyprus Electronic Money and Payment Institutions, on Thursday afternoon....
https://knews.kathimerini.com.cy/en/news/eu-commission-proposes-digital-euro-as-cash-alternative
Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially, electronic cash. ...
https://knews.kathimerini.com.cy/en/business/what-did-cypriot-consumers-purchase-in-2022
Cashless transactions have significantly increased since businesses are now required to accept credit or debit cards. Card payments now account for approximately 72% of all commercial transactions, rather than cash. ...
https://knews.kathimerini.com.cy/en/business/china-declares-all-cryptocurrency-transactions-illegal
China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money....
https://knews.kathimerini.com.cy/en/news/cyprus-lifts-curfew-as-nightclubs-open
The government of the Republic of Cyprus lifted a night curfew on Thursday as further relaxations of pandemic measures kicked in, including the opening of nightclubs based on last-minute protocols...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-launches-boc-wallet-app
You νo longer need to carry your wallet to pay for your purchases, all you need is your mobile phone...
