regulatory scrutiny

Examining the Growth of Cyprus’ Adult Entertainment Sector

Cyprus’ adult entertainment sector is booming, sparking regulatory concerns about financial transparency and content legality. Hosting major adult websites, Cyprus faces European scrutiny amid impending regulations like the Digital Services Act, posing challenges for compliance with content laws and age verification requirements.

Binance’s Strategic Retreat from Global Markets

By Demis Papadopoulos

Binance, the popular cryptocurrency exchange, is retreating from global markets due to increased regulatory scrutiny. The company has withdrawn license applications and ceased activities in several countries, choosing to focus on jurisdictions with clear regulatory frameworks and consolidating efforts within the European Union.