We still need to send people over to the Eagle region to handle this, since it's a global free trade zone and it would be a real shame to give it up.

To be honest, Xing Baohua didn't really have a good way to stop criminals from using the platform for transactions, and the J side there also didn't have any relevant legal support.

Therefore, we need to hire some local lawyers to defend us.

If they don't use the platform, those criminals will use cash to make transactions. Does that mean the authorities have also shut down banks?

Even if they don't trade in the Great Eagle, they won't trade in other countries in Europe?

This doesn't make sense; inadequate regulation shouldn't be blamed on a single company. I suspect this is the first time Daying has encountered something like this, and they're probably bewildered. Suspending Xing Baohua's π payment service seems largely motivated by a desire to annoy him.

The pressure was put on the lawyers hired by the Eagles.

The lawyer's fees were quite high, but in this kind of matter, you can't be too concerned about the cost.

So they had a lawsuit with the Royal Eagles.

This case was widely known and caused quite a stir; half of the members of the House of Representatives attended the hearing, and the jury was fully staffed. Sometimes the jury is almost full, but this time they were all present.

Media outlets from various countries are vying to report on this issue and are all expressing the same opinion: will the existence of π payment affect local economic and social stability?

The topic was very prominent from the start, and the discussion gradually increased. Many scholars, economists, and social experts participated in the discussion.

Electronic payments are a type of virtual currency, and their existence can impact the national currency. Many economists have suggested that financial regulators abolish them.

Stimulating the consumer market is merely a superficial phenomenon; the true essence of electronic payment is to drain people's hard-earned money.

There are people who oppose it and people who support it, just like a debate between the two sides.

The currencies linked to electronic payments are primarily local currencies, operating on a 1:1 basis and not fluctuating. The underlying capital is backed by commercial banks, ensuring no one is exploited.

If you insist on saying who's sucking your blood, then it's the capital banks that's being cowardly.

Furthermore, they presented evidence of stimulating consumption, such as the growth rate of the consumer market and the percentages from previous years.

From the consumer market to some illegal transactions, basically everyone's saying Pi Pay is bad in every way.

Those in favor argue that the House of Representatives should amend the law, but there needs to be legal provisions and regulations to constrain businesses, and the platform is not violating these rules.

The platform is like a bank. Before π Payment existed, all those criminals' large transactions went through banks, and I've never seen you shut down any banks!

It's like when you try to reason with those troublemakers, they go off-topic. They bring up π payment, while the supporters use banks as an example.

It's all a mess! The lawsuit on the Eagle's side is also being fought loosely, with all sorts of interference. Everyone has their own reasons, but neither side has a legal basis.

Should they go to court? There has to be a winner and a loser, and in the final judgment, PiPay will still be at a disadvantage. Finally, the reason given is to "rectify the electronic currency market."

We await further notice regarding when electronic payments will be implemented.

This indirectly indicates that π payment lost the lawsuit.

At Xing Baohua's command, all troops withdrew from the Great Eagle Empire market.

The Great Eagle Empire's website store is closed, and registration via mobile phone and email is also suspended. Merchants who haven't yet withdrawn their funds will have their withdrawals temporarily suspended. The stated reason given is that due to the withdrawal from the Great Eagle Empire market, a liquidation process is needed, and withdrawals will be restored once all liquidation is complete.

This would tie up the funds of each merchant for another month or two.

The entire Daying market is worth hundreds of millions. To use it for free for one or two months without paying interest is a rare find.

In Europe, only the United States (the "Great Eagle") is causing trouble. Other countries are used to it and don't feel that electronic payment is harmful. In fact, it's quite convenient to use.

From restaurants to physical stores, from shopping malls to big-ticket items, they even offer discounts. Where else can you find such a good deal?

However, some media outlets have raised questions about how π Payment profits from its price difference compensation scheme.

Only a minority of people understand this, while many others don't. It's like when we used Taobao, Pinduoduo, and Meituan, we had coupons, and they were even subsidized by the platform.

The platform has subsidized hundreds of millions of yuan; how did it manage to make a profit?

Many people don't understand the underlying principle. They just want to get coupons to buy cheap things, who cares if they make a profit! Consumers in Europe have this mentality, and they're quite optimistic about it.

Many Americans are taking advantage of loopholes, but many others are warning that electronic payments are insecure and could leave you with nothing if you're not careful.

These concerns about security also apply to online payment services like π Pay. They argue that it's extremely unsafe if hackers steal customer information and spend all the money from the customer's linked bank card.

When π Payment was launched, it had already improved its security, with network security protection provided by Shield Security.

Those who say Pi payment is insecure are only targeting A.S.H.I.E.L.D.

A.S.H.I.E.L.D. also issued a statement saying that π payments are safe under their protection.

As a result, many hackers began attacking PiPay, attempting to sabotage its servers or obtain information such as lists of PiPay consumers in various countries.

This approach is bound to be futile. Under Steve Jobs' leadership, Aegis has become very powerful in the past two years, becoming the world's first cybersecurity vendor and undertaking many important security orders.

Even if hackers manage to break into the main server, what will they get? They won't get any money, just a bunch of numbers. Unless the hackers use a merchant to withdraw the money, but they can't withdraw it for a while, that's the T+3 model.

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!