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Cyprus Prepares For 2026 EU Presidency With Vision For A Stronger Europe

Cyprus is gearing up to assume the Presidency of the Council of the European Union in the first half of 2026, a pivotal opportunity to reinforce its role as a strategic bridge between Europe and the broader region. President Nikos Christodoulides, presenting the Official Governance Agenda 2025 at the Presidential Palace on Wednesday, outlined the government’s priorities as it prepares for this crucial leadership role.

A Presidency Beyond Agenda Management

The Cypriot government, Christodoulides emphasized, is not approaching the EU Presidency as a mere administrative task but as a chance to actively shape policies and drive solutions that benefit Europe. The focus will be on deepening European integration and enhancing the EU’s strategic autonomy, ensuring a more resilient, competitive, and united Europe.

“Our objective is a Presidency that goes beyond managing the European agenda,” the President stated. “We aim to act as an honest mediator, shaping policies with tangible actions, not just rhetoric, and advancing common European interests.”

Strengthening Cyprus’ Global Engagement

Looking ahead to 2025, the government plans to expand its diplomatic, strategic, and development partnerships, particularly with nations where Cyprus currently lacks a diplomatic presence. This will be achieved through educational and humanitarian diplomacy, spearheaded by the upgraded Cyprus Aid agency.

Highlighting Cyprus’ growing role on the international stage, Christodoulides reaffirmed the country’s commitment to reinforcing bilateral relations with African nations, working closely with fellow EU member states to institutionalize cooperation and foster meaningful partnerships.

Cyprus: A Reliable And Proactive EU Partner

The 2026 EU Presidency, Christodoulides stressed, is more than a symbolic leadership role—it is an opportunity for Cyprus to demonstrate its value as a dependable and proactive EU member state.

“Cyprus is not just a participant but a core contributor to the Union’s future—a reliable, results-driven partner that strengthens Europe with action, not just words,” he affirmed.

As preparations accelerate, Cyprus positions itself as a key player in shaping Europe’s trajectory, reinforcing its strategic importance and commitment to a stronger, more united European Union.

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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