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Four years ago, fried-chicken chain KFC tweeted from its Canadian account that it would accept bitcoin as payment for its "buckets."

The company told AFP its tongue-in-cheek campaign - "digital tender for chicken tenders" - sold out in an hour and the chain has not taken crypto payments since, but online articles regularly recycle the claim that KFC "accepts" bitcoin.

It's safe to say that a lot of people love to bet. They simply love to guess things and get rewards if they guess right. However, not everyone loves to do this for money. Most people love to bet for fun, but there are men and women who like to play for real money.

The Facebook-backed digital currency project Diem has announced the winding down and $182-million sale of its technology, capping a years-long initiative that drew significant concern from regulators.

Across the world, digital payment methods are becoming increasingly widespread. Where once cash was king, consumers are now turning to methods that offer greater flexibility. They no longer want to have pockets full of change or make frequent trips to their nearest ATM; rather, they like to know they have constant access to their money at the click of a button.

Smart devices and a booming global eCommerce market have driven the rapid adoption of digital payments worldwide. Digital payments have changed the payment industry traditionally dominated by cash and credit cards, offering consumers lower fees and faster transfers at the touch of a button.

The Libra Assosiation, which will manage Facebook's virtual currency, was formally established with the signatures of 21 Geneva founding members. This was announced on Monday night by the secretary general of the organization, Bertrand Perez, quoted by the French press.

PayPal's global payment system is pulling out of the Libra Association, created to launch the future Facebook cryptocurrency of the same name.

The global payment business, which covers everything from card payments to remittances abroad, will generate about $ 1.5 trillion this year, according to Accenture. But new players are entering the market, TechNews.bg reports. Now banks dominate the payments sector, but by 2025, when that market grows to $ 2 trillion, banks can lose $ 280 billion, or about 15% of the total payment revenue.

Some 1.2 million freelance professionals and small companies are set to come under the lens of the tax authorities, which will be scrutinizing their last five years of activity, as the head of the Independent Authority for Public Revenue Giorgos Pitsilis has issued a decision setting new criteria concerning their monitoring.

Today, Facebook is expected to present its cryptocurrency. It is reported that the virtual currency will be convertible into dollars and euros.

The $ 1 billion project named "Libra" has been developed for over a year and has the support of over 12 corporations.