In many countries around the world, cash is the predominate method of paying for goods at mom-and-pop shops. However, that is not the case in Sweden, as many merchants are gradually dumping cash payments. According to statistics, the percentage of cash circulation in the European country is just about 1%. Indeed, this percentage shows that … Continue reading “e-Krona could reshape the Swedish cashless economy “
Digital Payments
Electroneum (ETN): The First KYC Approved Cryptocurrency
KYC, or Know Your Customer procedures have been the talk of the town in the cryptocurrency space. Granted, the cryptocurrency ecosystem is still figuring out the regulatory procedures and frameworks. But, a coin called Electroneum (ETN) is pioneering the way. The mobile-payment system just announced that it’s the first KYC compliant digital currency. The New … Continue reading “Electroneum (ETN): The First KYC Approved Cryptocurrency”