On February 8th, COINOTAG News reported a significant development in the cryptocurrency sector as INXY Payments, a leading payment provider based in Cyprus, secured a new funding round of $3 million, spearheaded by Flashpoint VC. This substantial investment is pivotal as INXY Payments, which is EU-authorized, specializes in integrating cryptocurrency payments into conventional business frameworks, ensuring strict compliance with regulatory standards. The infusion of capital is earmarked for enhancing its multi-currency processing capabilities, automating payments, and refining cryptocurrency-to-fiat conversion processes. This move underscores the increasing mainstream acceptance of digital currencies and the vital role of payment solutions in facilitating smoother transactions in the evolving financial landscape.
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