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New EU Rules To Institute Crypto For Cross-Border Payments By 2024

2 mins
Updated by Ana Alexandre
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In Brief

  • According to new E.U. documents, the E.U. is planning to incorporate crypto into its cross-border payment infrastructure by 2024.
  • The framework under development will include both crypto payment integration and risk management.
  • With a cash payment prevalence rate of 78%, the E.U. wants cashless payments to become "the new normal" by 2024.
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David Hundeyin
David is a journalist, writer and broadcaster whose work has appeared on CNN, The Africa Report, The New Yorker Magazine and The Washington Post. His work as a satirist on 'The Other News,' Nigeria's answer to The Daily Show has featured in the New Yorker Magazine and in the Netflix documentary 'Larry Charles' Dangerous World of Comedy.' In 2018, he was nominated by the US State Department for the 2019 Edward Murrow program for journalists under the International Visitors Leadership...
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