Cyprus is cooperating with Singapore blockchain technology firm VeChain Foundation, and US-based blockchain and crypto-economy strategic advisory and investment firm CREAM to establish a framework of cooperation in the areas of distributed ledger technology and relevant use cases.
Invest Cyprus, the government's dedicated partner responsible for attracting and facilitating Foreign Direct Investment (FDI) in key economic sectors, stated that it had signed a Memorandum of Understanding (MoU) with VeChain and CREAM to set Cyprus’ direction in the digital economy.
"The plans unfolding in Cyprus should open the world to what is achievable by investing in new technologies. Invest Cyprus, as a promoter of Cyprus Investment opportunities and advisor to the Government of Cyprus in the investments space, sees this tech...
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