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Cyprus’ Labour Ministry Highlights AI’s Growing Role In Employment

by THEFUTURE.TEAM

February 21, 2025

At a ministerial conference in Gdańsk, Cyprus’ Labour Minister Yiannis Panayiotou underscored the transformative impact of artificial intelligence on the workforce, calling for policies that drive innovation while preventing new inequalities.

Speaking at the event, organized by Poland’s EU presidency, Panayiotou stressed the need to enhance AI capabilities across the employment sector. He highlighted the importance of equipping both employers and employees with the skills to leverage AI effectively, boosting productivity across Europe’s economy.

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Cyprus has taken proactive steps to ensure responsible AI adoption, including the formation of a dedicated AI Taskforce aimed at integrating AI into the country’s labor market. This initiative aligns with broader European goals of sustainable digital transformation while maintaining social justice principles.

During the conference, Panayiotou met with Oliver Röpke, president of the European Economic and Social Committee (EESC), to discuss AI’s role in reshaping workplaces. Their conversation covered the opportunities and risks AI presents for employees and businesses, a key focus for the ministry as Cyprus prepares for its upcoming European presidency.

With AI rapidly reshaping industries, Cyprus is positioning itself as a leader in responsible AI implementation, ensuring technology serves both economic growth and social fairness.

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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The Securities and Exchange Commission has formally withdrawn its lawsuit against Gemini, the prominent crypto exchange founded by twins Cameron and Tyler Winklevoss.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.

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.