In the past week, Elrond has made significant strides forward, establishing itself as one of the crypto industry’s leading lights.
Because of its DeFi chain, the Elrond native token is not a popular choice among members of the Elrond ecosystem.
Elrond Expansion To Romania
The Romanian Central Bank has accepted Elrond’s acquisition of e-money firm Twispay, which was previously rejected.
After announcing the decision in October 2021, Elrond gained approval from the National Bank of Romania to move forward.
When the Romanian central bank approved Elrond’s acquisition of Twispay, investors expected a spike in the stock market because it was a significant move.
As a result of this acquisition, Twispay, which is capable of operating over the entire European Economic Area (European Union, Iceland, Liechtenstein, and Norway), will be able to complete transactions significantly faster and at a lower cost than before.