Tag: regulations

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Trump’s Crypto Revolution: President Launches Working Group to Reform U.S. Digital Asset Policy

On Thursday, U.S. President Donald Trump announced the formation of a dedicated cryptocurrency working group to propose new regulations and explore the concept of a national cryptocurrency reserve, fulfilling his campaign promise to reform U.S. crypto policy. The directive, welcomed by the crypto industry, aims to safeguard banking services for crypto companies and prohibits the creation of competing central bank digital currencies. With Bitcoin reaching new highs, experts see Trump’s initiative as a pivotal shift in U.S. digital asset policy that could propel cryptocurrencies into the mainstream.

passport

Greece to Launch Digital Passport Issuance for Citizens Living Abroad

Greeks living abroad will soon be able to obtain their passports through a digital process, following the approval of article 60 in Law No. 5143/2024 by the Greek Parliament. This legislation aims to streamline passport issuance and reduce processing times, thanks to the collaboration of key government officials, including Foreign Minister Giorgos Gerapetritis and Digital Governance Minister Dimitris Papastergiou.

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Greece Updates Winter Quiet Hours, Violators Face Up to Five Months Imprisonment

Greece implemented new quiet hours on October 1st for the winter season, prohibiting noise-generating activities from 15:30 to 17:30 and 22:00 to 07:30. Violators of these regulations could face up to five months in prison, as the new Penal Code classifies disturbing the peace as an offense. Exceptions for emergency work may be granted with police authorization.

Arachova accommodation

Three Scenarios for Greece’s Airbnb-Style Rentals

Recent comments by Greek Prime Minister Kyriakos Mitsotakis suggest a potential overhaul of the regulations surrounding Airbnb-style rentals. The government is exploring various scenarios including limitations on licenses and operating days, income requirements for hosts, and increased control for local authorities. These measures target “rental entrepreneurs” rather than individual homeowners, aiming to balance tourism benefits with the need for affordable housing. The final plan is expected in the coming months and is sure to spark debate within the tourism and housing sectors.