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January Brings Shift In Financial Flow: Deposits Down, Loans Mixed

by News Editor

February 28, 2025

In a notable reversal from the previous month, January 2025 witnessed a net decrease in total deposits by €211.3 million, contrasting sharply with December 2024’s net increase of €977.4 million, according to the latest data from the Central Bank of Cyprus.

The decline was reflected in the annual growth rate of deposits, which stood at 6.9%, slightly up from 6.6% in December 2024, bringing the total outstanding deposits to €55.7 billion. This January decrease was particularly noted among Cyprus residents, who saw a drop of €81.2 million. Despite this, household deposits actually rose by €111.1 million, while non-financial corporations’ deposits fell by €57.1 million.

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Conversely, total loans experienced a net decrease of €45.6 million, a stark contrast to the €503.2 million increase in December 2024. Yet, the annual growth rate of loans rose to 3.2%, up from 2.8% in December. Loans to households decreased by €10.2 million, while those to non-financial corporations showed a promising increase of €64.4 million.

For those keen on Cyprus’ emerging innovation sectors, our related article offers an insightful look at the island’s broader economic potential—unlocking opportunities that extend well beyond traditional financial metrics.

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The Securities and Exchange Commission has formally withdrawn its lawsuit against Gemini, the prominent crypto exchange founded by twins Cameron and Tyler Winklevoss.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