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Cypriot Standards Authority Secures Full Membership in the International Electrotechnical Commission

by THEFUTURE.TEAM

November 28, 2025

Cypriot Organization For Standardization Elevates Global Role

The Cypriot Organization for Standardization (CYS) has been upgraded to a Full Member of the International Electrotechnical Commission (IEC) following a unanimous 100% approval from all national committee members of the IEC. This historic elevation will take effect on January 1, 2026, marking a pivotal advancement for Cyprus in the realm of electrotechnical standardization.

Full Membership: Expanded Influence And Active Participation

As a Full Member, the Cyprus National Committee for IEC (IEC CY NC) now secures full voting rights across all of the IEC’s technical and administrative bodies. This upgrade enables Cyprus to:

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Participate With Full Voting Rights in every technical forum the IEC offers.
Shape International Standards from the early development stages through to final voting.
Strengthen Support for Key Stakeholders, including industry, small and medium-sized enterprises, regulatory authorities, academic institutions, and community organizations.
Engage Actively In Conformity Assessment Schemes, promoting harmonization with international best practices.
Assume Leadership Roles in both technical and advisory bodies.
Expand Participation Of Cypriot Experts in emerging technological sectors.

Strategic Implications For Cyprus And Global Standards

The decision comes on the heels of the official upgrade application submitted in 2025, which underscores Cyprus’ commitment to actively contribute to the evolution of global standards amid rapid technological advancements. The CYS has already initiated measures to meet the financial and operational requirements of its new status, emphasizing that this elevation is a collective achievement for the Cypriot electrotechnical community.

The organization expressed its gratitude towards the IEC and its members, signaling readiness to amplify Cyprus’s voice on the international standardization stage alongside leading nations with robust technological and economic influence.

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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.