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Cyprus Sees Decline in Online Learning Participation, Eurostat Report Shows

According to the latest Eurostat data, Cyprus has experienced a notable decline in online learning participation, with the percentage of internet users engaging in online courses or using online learning tools falling in 2024. The drop comes at a time when the EU average saw an increase in online learning engagement.

In 2024, only 11% of internet users in Cyprus reported having participated in an online course or used online learning resources in the past three months. This marked a 5 percentage point decline compared to 2023, when 16% of users engaged with such educational tools. As a result, Cyprus ranked as the second-lowest in the EU for online learning participation, ahead of Romania, which recorded just 10%.

Across the EU, the trend was more positive, with 33% of internet users engaging in online learning activities, up from 30% in 2023. Among EU member states, the highest participation rates were seen in Ireland (61%), the Netherlands (59%), and Finland (53%).

When looking at specific types of online learning, 18% of EU internet users took an online course in 2024, with the highest levels of participation seen in Ireland (36%), Finland (32%), and Spain (32%). Additionally, 29% of users accessed online learning materials, particularly in the Netherlands (53%), Ireland (52%), and Finland (46%).

In Cyprus, about 10% of internet users took an online course, and another 10% used online learning materials, reflecting the broader trend of relatively low engagement compared to other EU nations.

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The Securities and Exchange Commission has formally withdrawn its lawsuit against Gemini, the prominent crypto exchange founded by twins Cameron and Tyler Winklevoss.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