Also in the news...
PM secures new agreement with EU to benefit British people
UK secures new agreement with the European Union to support British businesses, back British jobs, and put more money in people’s pockets.
Get your overseas professional qualifications recognised as a refugee in the UK
Guidance on how to get your professional qualifications from overseas recognised by a UK regulatory body.
IP in China
Information to help you protect, manage and enforce your intellectual property (IP) rights in China.
IP in Indonesia
Information to help you protect, manage and enforce your intellectual property (IP) rights in Indonesia.
What is a barrier to goods
If you’re exporting goods, trade barriers can include:
Blockchain working group in Cyprus
The Cypriot cabinet has decided to form a joint working group to develop and implement blockchain technology in Cyprus in order to keep up with the international developments.
According to Prodromos Prodromou, Government spokesman it was “an important decision for the country’s future development and adjustment in the digital era.”
The members of the working group have not been named yet, but it is known that it will include experts in the field from both, the public and private sectors. The joint working group will be supervised by the Government and the House of Representatives.
The working group will be tasked to prepare an action plan detailing all the necessary information to adopt blockchain technology such as, operational planning, various scenarios and preconditions.
This is the second important step Cyprus is taking towards promoting blockchain technologies.
Earlier in July, the Cyprus Securities and Exchange Commission (CySec) announced its plans to establish a Fintech and RegTech focused innovation hub.
Evidently Cyprus is taking important steps to keep up with international developments and trends of replacing the traditional financial services methods with new and innovative technologies.
Moreover, it is important to mention the University of Nicosia, one of the leading universities of Cyprus is the first accredited university in the world offering an MSc degree in Digital Currency and accepting Bitcoin payments.