According to TechFlow, on June 8th, the blockchain protocol $Dusk announced the launch of an innovative payment system called DuskPay, designed specifically for regulated and privacy-focused financial applications. Italian licensed online gambling operators PlayMatika and BetPassion became the first enterprises in Europe to implement the DuskPay system, achieving compliant digital payments.
DuskPay enables regulated enterprises to conduct real-time cross-border payments while fully complying with European financial standards. The system has established strategic partnerships with the regulated Dutch exchange NPEX and the electronic financial institution Quantoz, which focuses on on-chain digital euro issuance.
Emanuele Francioni, CEO and co-founder of $Dusk, stated that DuskPay demonstrates that blockchain can support real regulated financial systems, offering higher speed, lower costs, and enhanced security compared to traditional infrastructure.