Payment

The Bank of Spain has announced that it has begun testing the EURO backed stablecoin, called EURM. The new digital euro is based on the Ethereum and Polygon blockchain network.

The cryptocurrency ecosystem is vast and growing, with new segments sprouting up faster than innovation can keep up. Early on, the industry consisted of miners and hobbyists who were in it for the tech.

It is now a fact that more and more people are making profits in cryptocurrency. This applies not only to investors and traders, but also the many people that receive cryptocurrency as payment for their labor.

Swapin, an EU-regulated crypto payment provider known for crypto-to-fiat solutions, has announced the release of its newly redesigned app with enhanced convenience for business accounts.

The world of online gambling is growing faster every time. Statistics show that there are an estimated 1 billion online gamers around the world, with the largest numbers found in China, South Korea, and Japan. According to projections, the number of players will reach 1.3 billion in 2025.

The Bank of Russia is continuing to test the Digital Ruble payment system and plans to involve more banks into the program in 2023.

One-click payments, virtual cards and digital currencies are steadily becoming commonplace in our society, but are we worried at all about the security of our sensitive information?

Regardless of the transformation cryptocurrency has introduced in the payment and  transaction industry, digital assets are still facing resistance in some countries. A good number of governments have shown concerns of cryptocurrency threatening their traditional fiat currency,  finance and economy.

The numerous sanctions imposed on Russia as a result of the invasion of Ukraine have caused further trade losses for the country.