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Cyprus Launches “Digital Citizen” App, Strengthening Ties with Greece on Digital Transformation

The Republic of Cyprus marked a significant step in its digital evolution with the launch of the “Digital Citizen” application on December 5. Built to the standards of Greece’s “Gov.gr Wallet,” the app represents a deepening collaboration between Cyprus and Greece in digital transformation, according to a joint statement by Cyprus’ Deputy Ministry of Research, Innovation and Digital Policy and Greece’s Ministry of Digital Governance.

The new app is now available for download on Google Play and the App Store. This milestone follows a memorandum of understanding between the two ministries, aimed at sharing expertise, best practices, and know-how in developing digital tools and services for citizens.

Looking ahead, the “Digital Citizen” and “Gov.gr Wallet” applications are expected to achieve full interoperability by the first quarter of 2025. Once operational, digital documents from both platforms will be mutually recognised, streamlining identification and transactions for citizens in Cyprus and Greece.

Greece’s Minister of Digital Governance, Dimitris Papastergiou, called the “Digital Citizen” app a pivotal achievement, describing it as “the Cypriot equivalent of our Gov.gr Wallet.” He emphasized the importance of collaboration in the digital sphere, stating that the exchange of expertise and innovative practices is crucial for addressing challenges at a European level.

“Digital transformation is a multidimensional effort,” Papastergiou said. “Our partnership sets an example for how countries can tackle significant issues collaboratively, delivering the best outcomes for their citizens.”

The launch of the “Digital Citizen” app underscores the shared commitment of Cyprus and Greece to embracing technology and enhancing the lives of their citizens through innovative solutions.

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

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The Securities and Exchange Commission has formally withdrawn its lawsuit against Gemini, the prominent crypto exchange founded by twins Cameron and Tyler Winklevoss.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

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