Blockchain in Cyprus: Active Steps towards a New Economy
For many years, Cyprus has been the Europe financial center due to the advantageous geographical location and beneficial taxing system with no double taxation. The country has never lacked talents: several educational establishments graduate specialists in economy and finance.
In 2013, the country suffered a debt crisis that paralyzed the Central Bank. In addition, the taxation on bank deposits was approved. These aspects lowered the republic position in the financial world. Nevertheless, such n
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