Quantoz Payments launches regulated and programmable EURD on Algorand
Quantoz Payments, a pioneer in the field of digital currency and financial technology, announced that it has obtained an Electronic Money Institution (EMI) license under the supervision of the Dutch central bank and has been authorized to issue the first regulated and programmable Euro fiat currency EURD on the Algorand network. It is expected that by the end of this year, all businesses and consumers in the European Economic Area will be able to use EURD and electronic currency services, regardless of whether they have traditional bank accounts.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ZA Miner Introduces Free Cloud Mining Platform for Bitcoin and Dogecoin
ZA Miner, a UK-based cloud mining provider, has officially launched a new platform to make cryptocurrency mining more accessible to a broader audience.
OSC Warns of Surge in AI-Driven Crypto Scams as Canadian Fraud Losses Climb to $640 Million
According to the Globe and Mail report, the Ontario Securities Commission (OSC) is raising red flags over a sharp rise in cryptocurrency fraud across Canada, as scammers now weaponize artificial intelligence to swindle unsuspecting investors.
Arkansas City Planning Commission Rejects Crypto Mining Proposal Amid Strong Community Backlash
The Vilonia Planning Commission has unanimously turned down a proposed cryptocurrency mining facility within city limits, following weeks of vocal opposition from residents.
Bitcoin Climbs to $94,000 Driving Market Above $3 Trillion
Trending news
MoreCrypto prices
More
