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Exploring The Potential Of A Tram System In Limassol

by News Editor

March 7, 2025

The coastal city of Limassol is actively considering the introduction of a tram system to tackle its persistent traffic problems. Scheduled on March 18, a pivotal conference aims to evaluate this public transport solution’s feasibility.

Learning From Marseille

Mayor Giannis Armeftis, during discussions with French Ambassador Clelia Chevrier Kolacko, highlighted plans to draw lessons from Limassol’s sister city, Marseille, and other French cities.

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A Catalyst For Urban Renewal

Experts in both technical and economic fields will be at the conference to discuss how a tram system might not just ease congestion but also trigger wider urban redevelopment. According to Armeftis, trams can enhance city life by linking to high-quality public spaces.

The Cost Of Overreliance On Cars

Currently, traffic is a significant concern since 90% of residents depend on private vehicles. The continued dependency is costly, both financially and in time wasted. It is essential for Limassol to explore sustainable alternatives to improve its urban environment.

This event is poised to shape Limassol’s future, aligning with larger trends in the transportation and storage sectors experiencing positive growth.

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SEC Drops Lawsuit Against Gemini: A Major Turning Point In Crypto Regulation

by THEFUTURE.TEAM

January 26, 2026

SEC Dismisses Legal Action Against Gemini

The Securities and Exchange Commission has formally withdrawn its lawsuit against Gemini, the prominent crypto exchange founded by twins Cameron and Tyler Winklevoss. The move follows a joint court filing in which both the regulator and Gemini sought dismissal of the case that centered on the collapse of the Gemini Earn investment product, a debacle that left investors without access to their funds for 18 months.

Settlement And Regulatory Reassessment

In a significant development, a 2024 settlement between New York and Gemini ensured that investors recovered one hundred percent of their crypto assets loaned through the Gemini Earn program. The legal reprieve comes on the heels of actions initiated by New York Attorney General Letitia James, who accused Gemini of defrauding investors.

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Political Backdrop And Industry Implications

This dismissal reinforces a broader trend of regulatory leniency toward the crypto sector noted during the Trump administration, which saw the SEC dismiss, pause, or reduce penalties in more than 60 percent of its pending crypto lawsuits. Meanwhile, Gemini’s recent public offering filing underscores its ambitions to solidify its status as a major player in the evolving digital asset market.