VeChain, CREAM Sign MoU with CyprusVeChain, CREAM Sign MoU with Cyprus
By Sheevika Senanayake - October 27, 2018

VeChain (VET) and blockchain startup CREAM have signed a memorandum of understanding with the Republic of Cyprus, focusing on creating a framework in blockchain technologies and use cases.  National level investment strategies that power blockchain-based products will be provided as well. Regulatory reform will also take place, with emphasis on complying with existing EU laws including anti-money laundering (AML) and know-your-customer (KYC) requirements.