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National Bank Of Greece Cyprus And University Of Cyprus Lead Innovation In Entrepreneurial Competition 2025

National Bank Of Greece Cyprus has strategically partnered with the University Of Cyprus to bolster the initiatives of the Cyprus Entrepreneurship Competition (CyEC) 2025 through its prestigious NBG Business Seeds programme.

Strengthening The Entrepreneurial Ecosystem

Committed to fostering dynamic and forward-thinking business solutions, NBG Cyprus is leveraging its long-standing support for innovative entrepreneurship. The bank’s initiative highlights a deliberate effort to transform creative ideas into viable, market-ready ventures, setting a benchmark for business development in the region.

Promoting Strategic Collaboration

Organized by the University of Cyprus’s Centre for Entrepreneurship (C4E) under the auspices of the Ministry of Energy, Commerce, and Industry, the competition is a milestone event designed to spur innovation. This year, the competition has attracted a record participation of over 50 teams from across Cyprus, reinforcing its role as a key platform for emerging start-ups and young professionals.

Unlocking Global Opportunities

Winners of the competition will gain direct access to Phase B of the 16th Innovation and Technology Competition, an initiative that spans both Greece and Cyprus. This fast-track promotion not only opens the door to a vast network of investors, mentors, and innovation experts but also positions the participating entrepreneurs to compete on a broader, regional stage.

This collaboration is a testament to the power of strategic partnerships in accelerating entrepreneurial growth and technological innovation.

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The Securities and Exchange Commission has formally withdrawn its lawsuit against Gemini, the prominent crypto exchange founded by twins Cameron and Tyler Winklevoss.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