Global regulators monitor crypto use in Ukraine war
The global Financial Stability Board is closely scrutinising the use of cryptoassets during the war in Ukraine after concerns they could be used to evade Western sanctions on Russia.
The ...
Egyptian pound drops 10 per cent after Ukraine war prompts dollar flight
Egypt’s pound depreciated by 10.67 per cent on Monday after weeks of pressure on the currency as foreign investors pulled out billions of dollars from its treasury markets after Russia’...
Oil jumps as EU weighs Russian ban, Saudi refinery output hit
Oil prices jumped more than $3 on Monday, with Brent above $111 a barrel, as European Union nations consider joining the United States in a Russian oil embargo, while a weekend attack ...
Pressed to choose sides on Ukraine, China trade favors the West (Updated)
US President Joe Biden’s warning of “consequences” for any aid China may give to Russia’s Ukraine war effort aims to force Chinese President Xi Jinping to choose a ...
Complying with an ECHR decision
A violation of Article 6.1 of the Convention was found and the re-opening of an appeal ordered
The decision of the European Court of Human Rights (ECHR), dated January 9, 2018, in the ...
Building density and real estate development
It is a fact that real estate development creates jobs and boosts the economy of Cyprus. Development is controlled by existing town planning zones, which set the building density allowed, ...
Paris taxi driver files lawsuit against Tesla after fatal crash
A Paris taxi driver whose Tesla Model 3 crashed in December, killing one person, has filed a legal complaint against the US carmaker, his lawyer said on Sunday.
The French government ...
Universal Music label acquires ape NFT to lead virtual music group
Universal Music Group (UMG.AS) is capitalizing on the popularity of non-fungible tokens by acquiring one of the cartoon apes that have taken the world of digital collectibles by storm ...
US Treasury official sees modest uptick in crypto illicit finance, but transactions small
US officials have observed an uptick in the use of digital assets to facilitate illicit finance since Russia invaded Ukraine, but the transaction volume is too small to play a ...
HSBC buys virtual plot of land in digital push
HSBC (HSBA.L) is buying a plot of virtual real estate in an online gaming space called The Sandbox for an undisclosed sum, the bank’s first major foray into ...
Why is Cryptocurrency trading so beneficial and popular?
Trading cryptocurrencies is a bit confusing for many investors. It’s called CFD trading, and it means you speculate on the market and whether it might rise or fall. You ...
Future predictions about Cryptocurrency after the 2021 breakthrough
Bitcoin hit all-time-high prices in 2021, but then there were a few large drops. Plus, Ethereum soared to a new high that year, too. From there, the US government is looking ...
Countries and companies shun Russian crude over Ukraine invasion
Russian gas flows to Europe remain stable, but Western sanctions over Moscow’s invasion of Ukraine and voluntary actions by buyers are starting to impact its crude oil and oil ...
How Russia could use bankruptcy law to punish foreign companies
As foreign companies seek to exit Russia over the war in Ukraine, they face the prospect that Russian bankruptcy law could be used to seize assets and even lead to ...
Sugar rush: Russia probes price hikes and ‘unjustified’ shortages
Russia’s Federal Anti-Monopoly Service (FAS) said on Thursday it was conducting “anti-cartel” inspections at major sugar producers following a sharp increase in sugar prices and “unjustified” shortages in some ...
Egypt state banks setting up $85 million fintech innovation fund
Egypt’s three biggest state-owned banks are setting up an $85 million financial technology fund that aims to accelerate innovation in the sector, venture capital firm Global Ventures, a partner in ...
Saudi Arabia hikes oil investments as it profits from price surge
Saudi Arabia’s state oil company Aramco, under pressure from the West to boost output amid soaring prices, pledged on Sunday to hike investments by around 50% this year as it ...
Ukraine war opens diplomatic and energy opportunities for Qatar
Russia’s invasion of Ukraine has opened up diplomatic and commercial opportunities for gas exporter Qatar to expand energy sales to the West and bolster its alliance with Washington amid ...
Why are Bitcoins valuable?
Bitcoin is a digital currency and is considered an alternative to fiat money controlled by a central bank. However, fiat money is valuable because it’s issued by a specific ...
Important Cryptocurrencies to consider (other than Bitcoin)
Bitcoin might have been the trendsetter for cryptocurrencies focused on a decentralized network, but it isn’t the only one. However, it’s now the standard for crypto and has ...
Three bids submitted for Chelsea as deadline passes
Three bids have been made to purchase English Premier League club Chelsea by groups led by British property developer Nick Candy, Chicago Cubs owners the Ricketts family and the pairing ...
Six benefits of Cryptocurrency
Bitcoin, along with other types of cryptocurrencies, has risen in popularity over the 13 years since Bitcoin’s development. There is an influx of people purchasing the coins on https://techntrust....
Solar energy use among highest in Europe says Pilidou
Cyprus has work to do in order to accelerate its switch to greener forms of energy, but has already accomplished a fair amount, Energy Minister Natasa Pilidou said during a ...
Cyprus Business Now
The Cyprus Investment Promotion Agency (Invest Cyprus) on Friday announced that its national stand had a great presence at one of the most important European real estate exhibitions, MIPIM (Marche ...