Cyprus Blockchain Summit took place in Nicosia, Cyprus last week. Several high-level government representatives were among the speakers. In particular, Cyprus Finance Minister, Mr.Harris Georgiades and House President, Mr.Demetris Syllouris, both spoke on the blockchain regulation and cryptocurrency legality. As In-Cyprus reports:

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Whether we like it or not, but it is almost impossible to talk about blockchain without mentioning cryptocurrencies. There are two facts that often kickstart any discussion of cryptocurrencies:

• Bitcoin is the king of all cryptocurrencies. It is by far the largest and most widely used blockchain application.
• There are thousands of cryptocurrencies and it is almost impossible to know, distinguish and understand them all.

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