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CryptoProcessing By CoinsPaid Launches Limassol Crypto People Meeting Point, Opening Party Set For November 21

Limassol’s rapidly growing crypto scene has a new focal point. From November 17 to December 16, CryptoProcessing by CoinsPaid, one of the world’s leading crypto payment gateways, is hosting a dedicated Crypto people meeting point at WAGMI Coffee, transforming one of the city’s most popular social terraces into a hub for professionals, entrepreneurs, and enthusiasts eager to exchange ideas, discuss crypto payments and enjoy signature drinks.

The WAGMI Coffee terrace, already a familiar gathering spot for locals, is being reimagined for a month-long initiative aimed at bringing the community closer together. Whether you’re interested in integrating cryptocurrency payments into your business or simply want to meet others active in the digital asset space, the venue is set to offer an inviting atmosphere for networking and coworking.

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The goal of CryptoProcessing by CoinsPaid is to make crypto payments straightforward, accessible, and friendly. Throughout the month, visitors will have the chance to speak with company representatives, connect with industry experts, enjoy WAGMI Coffee’s signature drinks, and experience one of Limassol’s favorite social locations from a new perspective. Visitors can also win a discount on CryptoProcessing by CoinsPaid services and some fresh, high-quality coffee beans.

Opening Party on November 21

To officially kick off the initiative, CryptoProcessing by CoinsPaid will host an Opening Party on November 21, welcoming local businesses, partners, and crypto enthusiasts. The evening promises lively discussions, hands-on insights into crypto payments, and a celebratory atmosphere. Guests can expect welcome treats, a tea ceremony, a live DJ set, and the chance to meet the CryptoProcessing by CoinsPaid team in person, including product and risk management representatives.

Event Details:

Registration (required): https://luma.com/xa0hhdmj
Date: November 21
Location: WAGMI Coffee, Ayias Zonis 12, Limassol
Time: 18:00
Dress code: Wear a green element

Cyprus Launches De Minimis Sponsorship Plan to Accelerate Global Market Penetration

Government Initiative Aims to Empower Cypriot Exporters

The Cypriot government has taken a decisive step to boost the international competitiveness of its local businesses. The Cabinet recently approved the new De Minimis Sponsorship Plan, designed to support Cypriot companies participating in international trade exhibitions where the Ministry of Energy, Commerce and Industry (MEIC) operates a government booth. The initiative, proposed by Minister George Papanastasiou, is poised to drive Cypriot producers into new markets.

Strategic Investment to Enhance Global Outreach

With a targeted budget of €1,700,000 allocated for 2026, the plan seeks to strengthen the international presence of Cypriot companies involved in manufacturing and product trading. The overarching goal is to increase exports and assist these enterprises in penetrating competitive global marketplaces. This strategic investment is expected to empower businesses to achieve sustainable growth, resonating with similar international initiatives that have successfully deepened market reach.

Eligibility and Submission Guidelines

Eligibility for the scheme extends to companies and officially recognized Producer Groups and Organizations operating in the industrial processing and trading sectors—including those in allied service industries. Notably, the government clarifies that participation is contingent on the timely receipt of applications. Companies are eligible to apply individually via direct submission, by registered mail, or private courier between November 28, 2025, and December 19, 2025. Late submissions beyond December 19, 2025, will be considered untimely and will not be reviewed.

Global Trade Fairs on the Horizon

The approved sponsorship plan will facilitate participation in a series of high-profile international trade fairs. Key events include the Industrial Products Exhibition in Athens (May 8-10, 2026); Food and Beverage exhibitions in Dubai (January 26-30, 2026); and notable exhibitions in Düsseldorf (March 15-17, 2026), Paris (October 17-21, 2026), and Berlin (February 4-6, 2026). These events represent well-timed opportunities for Cypriot businesses to showcase their products on a global stage.

This government-backed initiative is a clear indication of Cyprus’s commitment to fostering economic growth through enhanced international trade. It underscores a forward-thinking approach where strategic public investments catalyze private sector success on global platforms.

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