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871. K. Treppides & Co Ltd: Cryptocurrency: The requirement of a firm to service the local market trading in cryptocurrency

872. Cyprus breaks into the French market

New prospects for tourist arrivals from France have opened both in the short-term and medium-term, Deputy Tourism Minister Savvas Perdios has told CNA, noting that Cyprus has managed to break into the French market after three long years....

873. K. Treppides & Co Ltd- Cryptocurrencies: Regulating cryptocurrency trading in Cyprus

874. More humanitarian aid will be sent to Ukraine on the 5th of April

The second batch of humanitarian aid for Ukraine is expected to be shipped from Cyprus on Tuesday, April 5, 2022, via the EU Civil Protection Agency, Commissioner for the Citizen Panayiotis Sentonas has said....

875. Cablenet, reports Double-Digit Growth for 2021

During 2021 revenue reached €53.5M, a healthy 14% growth over 2020. This double-digit growth in revenue was driven, largely by the significant growth in the overall Subscriber base, which recorded a 30% increase over the previous year. ...

876. Nicosia roundtable calls on Cyprus to reexamine sanctions

Leaders from the Russian business community in the Republic of Cyprus are calling on the government to reexamine sanctions in the wake of the war in Ukraine, saying the measures were hurting the island nation...

877. Ten more years of roaming without additional fees

The EU will renew the “Roam Like At Home” scheme for another ten years, under plans adopted by Parliament on Thursday....

878. Op-ed: 'The world needs to come clean about dirty money'

On a spring ski break in Colorado last week, I found the town of Aspen buzzing with talk about Roman Abramovich. While the Russian oligarch has rarely been seen in the resort in recent years,...

879. K. Treppides & Co Ltd: Cryptocurrency: Trading in cryptocurrency for own benefit. Cyprus tax treatment.

Seems that we cannot stop hearing stories about cryptos in our workplace and media or via web searching how many people have become millionaires trading in cryptocurrencies...

880. Averof Neofytou promises an end to corruption and radical education reform

The Supreme Council of the ruling party Democratic Rally (DISY) unanimously ratified the candidacy of the party’s president Averof Neofytou for the Presidency of the Republic....

881. Op-ed: 'Only a leap in consciousness will end human slavery'

With the number of women and children fleeing the war in Ukraine, experts say that many of them may become victims of trafficking given their vulnerability. This article is even more relevant today and attempts to present the attitudes that have enabled human slavery throughout history, and the solution to eradicate this crime across the globe....

882. K. Treppides & Co Ltd- Cryptocurrencies: Investment firms trading in cryptocurrencies. Authorization required.

Cryptocurrencies have taken the world by surprise in recent years, and transformed as the absolute trend in the virtual investing world. ...

883. Ukrainians in Cyprus before cutoff date now in limbo

Dozens of Ukrainians in the Republic of Cyprus are running out of money and unable to benefit automatically from EU “temporary protection” measures because they visited the island as tourists before the cutoff date...

884. Where have wealthy Russians disappeared to?

It stretches into the Persian Gulf from Dubai. The man-made archipelago in the shape of a huge palm tree is full of luxury hotels, apartments and villas....

885. Cyprus is losing its Russians, confronting existential questions about its economy

For decades, Cyprus built an economy that courted Russians — Russian tourists, Russian investors, Russian oligarchs. ...

886. Loss of 1.5% to 2% of Cypriot GDP due to a ban on Russian flights

Cyprus could lose 1.5% to 2% of its growth rate this year if the Cypriot airspace (under EU sanctions) to Russia remains closed for the whole of 2022, estimates the rating agency DBRS Morningstar, noting that despite the negative impact, the war in Ukraine will not derail the medium-term prospects of the Cypriot economy....

887. Russia targets new cities and calls on foreign ‘volunteers’ to join fight

Russia launched airstrikes deeper into Ukraine and called on foreign “volunteers” to join its war on Friday as Moscow stepped up unfounded allegations over chemical weapons threats. ...

888. K. Treppides & Co Ltd - Cryptocurrencies: Forex Companies trading in cryptocurrencies as underlying asset. How to apply.

Derivatives on virtual currencies / cryptocurrencies, such as contracts for differences (CFDs), options and futures, can qualify as financial instruments under MiFID II. Subsequently, the provision of investment services in relation to financial instruments with cryptocurrencies as underlying asset in and/or from Cyprus, requires specific authorisation by the Cyprus Securities and Exchange Commission (CySEC)....

889. UK freezes assets of Roman Abramovich and 6 other oligarchs, banned from travel

Roman Abramovich is among seven oligarchs to be hit with an asset freeze and travel bans under brutal new UK sanctions unveiled today....

890. Five female-run businesses using design to create a waste-free world

From ‘collaborating’ with bacteria to make material for trainers, to ‘unplastic’ made from brewery waste, these female-founded businesses enlist the power of creativity to do away with waste....

891. Switzerland will freeze Russian owned crypto assets

Switzerland is to freeze all crypto assets held within its borders that are owned by Russians and the country’s businesses sanctioned by the EU....

892. Karousos: 'The Russian and Ukrainian markets are lost for this year'

An action plan for replacing the lost tourism from the Russian and Ukrainian markets is being prepared according to the Minister of Transportation, Communications and Works Yiannis Karoussos....

893. New Covid relaxations announced today (Updated)

The session of the Council of Ministers which began at 10 am this morning ended shortly after noon today followed by an announcement of new relaxations to the covid restrictions in Cyprus....

894. Western businesses’ flight from Russia continues

Russia’s business rupture with the West grew wider Monday as Shell, General Motors and others announced plans to end or freeze their dealings with the nation after its invasion of Ukraine....

895. The new and improved CovScan Cyprus ready for use

The Deputy Ministry of Research and Innovation has finalized the changes needed in the app to automatically recognize the new health protocols in place for establishments and businesses on the island....

896. 'I will not be diplomatic on this...BAN RUSSIA FROM SWIFT' -Ukrainian Foreign Minister Dmytro Kuleba

As it meets to decide sanctions against Russia for its invasion of Ukraine, the EU is divided over whether to cut Russia off from SWIFT, a high-security payment network that connects thousands of financial institutions around the world....

897. Exports of halloumi, medicine and other local products to the UAE

The enhancement of trade relations between Cyprus and the UAE, was discussed on Wednesday in Dubai, during a meeting between Cyprus Energy, Commerce, and Industry Minister, Natasa Pilides, and UAE Minister of State for Foreign Trade Thani Ahmad Al Zeyoudi....

898. Subsidies worth €158 million for households and businesses to be doled out in 2022

Grant schemes, worth €158 million, will be made available in 2022, Minister of Energy, Trade and Industry Natasa Pilides announced during an online workshop, on Wednesday, 16 February....

899. Digital ruble trial goes live as Bank of Russia insists on Bitcoin ban

Amid more reports on the Bank of Russia rejecting the Finance Ministry’s proposal of cryptocurrency regulation, the central bank has kicked off trials of its own digital currency....

900. Relaxation of measures to begin next week

New covid measures have been announced today following the meeting of the Minister of Health and the Scientific Advisory Committee this morning. ...