Decentralization

Last two floors of Athens hotel have been sealed

The last two floors and the rooftop bar of the Coco-Mat hotel in the Makrigianni area of central Athens that had been declared illegal for exceeding the height of 24 meters were sealed last week by the Ministry of Tourism, after the Court of Appeal rejected the suspension request submitted by the owner company. 

Bitcoin Surges Towards $60,000 Amid Market Optimism

In a testament to its enduring resilience, Bitcoin, the world's leading cryptocurrency, continued its upward trajectory on Wednesday, inching closer to the significant milestone of ,000. The cryptocurrency's resurgence has been fueled by a confluence of factors, including positive industry developments and growing investor optimism.

Cryptocurrency gains targeted

The Finance Ministry and tax authorities are preparing to create a framework for the taxation of cryptocurrencies, with the establishment of the relevant committee being the first step. The difficulties mainly concern monitoring trade, as those who sell cryptocurrencies are unknown. At the moment the focus, until rules are put in place, is on the fight against money laundering.

EU Implements 10,000 Euro Cap on Cash Payments to Combat Money Laundering

To counter money laundering and terrorist financing, the European Union has reached a partial agreement, imposing a €10,000 cap on cash payments. The agreement, struck between member states and the European Parliament, aims to safeguard European citizens and the EU financial system from illicit financial activities.

Albanian police smash online fraudsters that targeted Greek citizens

Albanian police have said they have dismantled a crime ring based in the city of Korce that defrauded Greek citizens by withdrawing thousands of euros from their bank accounts.

Around 5,000 people in Greece were defrauded by the gang, which was led by a 30-year-old man from Tirana and a 29-year-old man from Korce, police said.

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