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📣 The Future of EMYC
After months of strategic evaluation, the Boards and Management Teams of E Money Network and Scallop have agreed on the future direction of the $EMYC ecosystem.
Eligible EMYC holders will be offered the opportunity to convert the value of their eligible EMYC holdings into Scallop equity as part of a structured transition. Following completion of the conversion process and the delisting of EMYC from supported exchanges, E Money Network will begin an orderly wind-down of its operations.
Key points
• Participation is entirely voluntary
• A 45-day conversion period begins today
• Each eligible EMYC token will convert into 1.5 Scallop sub-class shares, including an additional 0.5 allocation approved in recognition of the EMYC community’s support
• The conversion value will be based on the 45-day average EMYC market price (CoinMarketCap) together with Scallop’s final equity valuation
• Holders may continue to trade, sell or transfer EMYC until it is delisted
Exchange Update
EMYC will enter Special Treatment (ST) on KuCoin from 17 August 2026, followed by delisting. Gate. io will follow at a later stage. The exact timelines and procedures will be communicated by the respective exchanges. Following the delisting of EMYC from supported exchanges, the EMYC smart contract will be permanently frozen as part of the planned transition.
Please read the full announcement and FAQ before drawing conclusions:
📖 Blog: blog.emoney.io/announcements…
❓ FAQ: blog.emoney.io/faqs/emyc-to-…
⚠️ Security Reminder: We will never contact you first via DM or ask for your seed phrase, private keys, passwords or KYC documents outside the official conversion portal. If you’re unsure about any communication, please contact [email protected] before taking any action.
The Teams of E Money Network & Scallop
📢 Scallop officially joins the SWIFT network 🏦
Scallop is now connected to the same global banking infrastructure used by over 11,000 financial institutions across more than 200 countries.
Listed under Business Identifier Code BIC SCFHUS32XXX
This milestone places Scallop directly on established global banking rails and marks a major step toward compliant, borderless and scalable finance.
It is not just an integration, it is a foundation for real world financial connectivity at global scale.
With this milestone in place, the E Money ecosystem gains indirect, regulated access to SWIFT via Scallop, positioning $EMYC at the intersection of Web3 and global banking infrastructure.
A powerful moment as we look ahead to the year to come.
Happy anniversary $EMYC 🎉
Full announcement 👇
blog.emoney.io/announcements…
Happy New Year to our community and partners 🎉
Thank you for your continued support and trust.
We look forward to building the next chapter together in the year ahead 🤝
Wishing you a successful and positive year.
E Money Network retweeted
As the year comes to a close, I’d like to take a moment to thank our community for being part of this journey.
This time of year is a great opportunity to pause, reflect, and recharge. I hope everyone gets the chance to enjoy a well deserved break and spend time with family, friends, and loved ones.
We look forward to reconnecting in the new year and continuing the journey together 💫
Wishing you all a peaceful holiday season and a great start to the year ahead.
E Money Network retweeted
Had a great day at @BitcoinMenaConf today.
It was nice to see so many familiar faces again.
Greetings from Abu Dhabi 🇦🇪
Life keeps moving and Scallop moves with you.
Travel, relax, explore.
Your money adapts in every moment.
Fiat or crypto, always instant and seamless.
Scan and Pay with the local providers you already use and trust.
Spend anywhere with your Scallop Visa Card, even without signal thanks to automatic top ups.
The new Scallop App is almost here.
Join the waitlist ⤵️
Your bank closes at 5.
Takes weekends off.
Still thinks crypto is a trend or a threat.
Neobanks live in a different world.
They stay open 24/7.
They move money instantly.
They adapt faster than any traditional system.
They stay global from day one and local where it matters.
This isn’t just better banking.
It is the next era of finance and it is already here.
Scallop. Built for a world that never sleeps.
One card one app countless possibilities.
With Scallop App your money moves as fast as your life.
Multi Currency accounts, Crypto Wallets, full control over your Cards, Instant Swaps, Global FX Remittance, Scan and Pay, and so much More in one seamless experience.
Rolling out across more than 120 countries at launch.
Adaptive by nature financial by design.
Coming Soon -Waitlist ⬇️
E Money Network retweeted
Scallop will be the go-to app for cross border payments and onramps/offramps for crypto.
Visa and Mastercard are moving deeper into stablecoin payments.
Banks are testing tokenized settlements.
Fintech teams are building the next payment rails in real time.
To some this feels like everyone else is already ahead.
But the truth is the opposite.
These signals show where global finance is heading.
Multicurrency accounts, real time settlement, digital dollars as a default payment layer and seamless payments between crypto and fiat.
Exactly the direction we have been building toward.
In our recent update we highlighted that the 149 billion dollar neobank market is projected to grow to 5.5 trillion dollars by 2033.
This transformation has only just begun and the strongest growth is still ahead.
The Scallop App is in its final development phase and in closed beta testing with multicurrency fiat accounts, a full crypto wallet and instant crypto to fiat swap functions.
Visa debit cards are on the way.
We are not late. We are aligned with the market shift that is happening right now.
What we are building is not a reaction.
It is part of the foundation for the next era of digital banking.
The timing is right.
The ecosystem is forming.
And Scallop is nearing the moment where it steps into the global finance arena.
Visa and Mastercard are moving deeper into stablecoin payments.
Banks are testing tokenized settlements.
Fintech teams are building the next payment rails in real time.
To some this feels like everyone else is already ahead.
But the truth is the opposite.
These signals show where global finance is heading.
Multicurrency accounts, real time settlement, digital dollars as a default payment layer and seamless payments between crypto and fiat.
Exactly the direction we have been building toward.
In our recent update we highlighted that the 149 billion dollar neobank market is projected to grow to 5.5 trillion dollars by 2033.
This transformation has only just begun and the strongest growth is still ahead.
The Scallop App is in its final development phase and in closed beta testing with multicurrency fiat accounts, a full crypto wallet and instant crypto to fiat swap functions.
Visa debit cards are on the way.
We are not late. We are aligned with the market shift that is happening right now.
What we are building is not a reaction.
It is part of the foundation for the next era of digital banking.
The timing is right.
The ecosystem is forming.
And Scallop is nearing the moment where it steps into the global finance arena.
APAC is the fastest growing region in the world for on-chain activity, up 69 percent year over year to 2.36 trillion dollars according to Chainalysis.
The industry is finally starting to recognise how quickly this market is moving.
What begins with remittances and cross border trade is already expanding into gaming, micro payments and SME finance.
Real usage. Real volume. Real adoption.
And now leaders like Chuk Okpalugo are mapping the entire stablecoin payments landscape across APAC.
A region where banks co issue stablecoins, fintech teams are building new rails and consumers are using digital dollars every day.
Scallop is listed under Consumer Wallets because that is the exact gap we are solving with the Scallop App.
A single balance for crypto and fiat.
Borderless payments.
Neobanking is not a US or EU only story.
It is a global transformation and APAC shows where it is heading next.
The next era of digital payments will not be built by one company.
It will be built by an ecosystem pushing the boundaries together.
Scallop is proud to be part of that map and part of that future.
Link is in the comments.
E Money Network retweeted
Mastercard is moving to acquire @ZeroHashX for $2B.
@Coinbase is now in talks to buy @BVNKFinance for $2B.
The shift in global finance isn’t coming, it’s happening.
We keep seeing people say, “Isn’t it too late for another neobank?”
Here’s the reality:
29 mega banks still dominate global finance.
Over 10,000 traditional banks operate worldwide.
And the $149B #neobank market is projected to reach $5.5T by 2033.
Scallop isn’t late, we’re co-building this new era.
Where crypto and fiat live together as one balance.
Where you decide your wealth’s currency and switch in seconds without high fees, long waits, or compliance headaches.
The future is already unfolding.
Scallop | E Money Network is shaping the next era of digital finance.
Mastercard is moving to acquire @ZeroHashX for $2B.
@Coinbase is now in talks to buy @BVNKFinance for $2B.
The shift in global finance isn’t coming, it’s happening.
We keep seeing people say, “Isn’t it too late for another neobank?”
Here’s the reality:
29 mega banks still dominate global finance.
Over 10,000 traditional banks operate worldwide.
And the $149B #neobank market is projected to reach $5.5T by 2033.
Scallop isn’t late, we’re co-building this new era.
Where crypto and fiat live together as one balance.
Where you decide your wealth’s currency and switch in seconds without high fees, long waits, or compliance headaches.
The future is already unfolding.
Scallop | E Money Network is shaping the next era of digital finance.