This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Thinking about diving into the world of cryptocurrency in Singapore? In this guide, well walk you through everything you need to know on how to buy cryptocurrency in Singapore. What is Cryptocurrency? Compared to traditional currencies, cryptocurrencies operate on decentralised networks, often powered by blockchain technology.
This move will see the phasing out of support for Bitcoin (BTC) and Ethereum (ETH) by the end of the year, while maintaining support for all other stablecoin and fiat currency services. The company emphasises the inherent volatility of cryptocurrencies like Bitcoin and Ethereum as a driving force behind this decision.
Virginia-based Blue Ridge Bank is partnering with ATM operator BluePoint ATM Solutions and Bitcoin ATM software provider LibertyX to facilitate access to the cryptocurrency. This announcement comes as banks and regulators appear to be warming to digital assets, and as Bitcoin continues to gain value and attention.
The Thai Securities and Exchange Commission (SEC) has announced the addition of USD Coin (USDC) and Tether (USDT) stablecoins to its approved list of cryptocurrencies. The change, effective 16 March 2025, follows a public hearing in February, where most respondents supported expanding the list.
Global payment orchestration platform FinMont has announced a new partnership with BitPay , the world’s largest provider of Bitcoin and cryptocurrency payment services. The strategic partnership will see the addition of cryptocurrency to the FinMont payment ecosystem allowing merchants to utilise payments from all cryptocurrencies.
Lunu Pay , a leader in Web3 payment solutions, is excited to announce its collaboration with Ingenico , a global innovator in payment acceptance and services, to bring cryptocurrency payments to physical retail stores.
Austin, Texas, April 10th, 2025, FinanceWire Unocoin , India’s leading cryptocurrency exchange, proudly announces the integration of the Lightning Network, powered by Voltage , the longest-standing Lightning payments provider.
Wilmington, North Carolina, April 10th, 2025, FinanceWire Brantas payment verification and Amboss compliance tools give businesses a robust solution to mitigate risks from sophisticated attackers, setting a new standard for business operational security in the Bitcoin and Lightning Network ecosystems. The Bybit hack, which saw nearly $1.5
Addressing this, Xapo Bank , the licensed bank that lets members bank with Bitcoin, is launching a beneficiaries solution to allow users to designate multiple beneficiaries for their assets, including Bitcoin. Members can assign all or part of their Bitcoin and fiat assets to beneficiaries in just two steps.
Miami, Florida, March 19th, 2025, FinanceWire Next Layer Capital has officially become a member of Bitcoin for Corporations (BFC), an initiative led by BTC Inc to accelerate corporate Bitcoin adoption. This strategic move aligns the firm with a corporate network of teams integrating and advancing Bitcoin initiatives.
Since 2009, the financial landscape has been undergoing a transformation with the emergence of cryptocurrencies. As digital currencies grow in popularity , merchants around the world are exploring the potential benefits of accepting payments in cryptocurrency.
Nubank has launched cryptocurrency swap tool in its app where customers who own cryptocurrencies can now trade Bitcoin, Ethereum, Solana, or Uniswap for USDC and vice versa.
The May theft of over $300 million worth of bitcoin from Japanese cryptocurrency exchange DMM Bitcoin is the largest digital currency heist so far this year.
Shift4 , an integrated payments and commerce technology provider, has launched its new ‘Pay with Crypto’ offering, enabling merchants worldwide to accept cryptocurrency seamlessly for both e-commerce and POS. The new feature will be rolled out in stages across the different Shift4 products and business verticals.
Stablecoin is cryptocurrency that aims to keep a stable value relative to a specified asset like government-issued currency or gold. Other cryptocurrencies like Bitcoin are not pegged to an […] The post FIs hold back on cross border stablecoin payments appeared first on Bank Automation News.
Fast-forward to today, a Bitcoin-focused product strategy within the lineup seems to be a safer bet. Its early, all-in stance on Bitcoin now seems like a stroke of genius, given that crypto markets are maturing, Bitcoin is reaching new peaks, and a new administration is seemingly opening the door to crypto and Web3.
Cryptocurrencies have rapidly gained prominence over the last decade, presenting both opportunities and challenges for individuals, businesses, and regulators alike. However, the taxation of cryptocurrencies is a complex matter, with varying approaches and inconsistent frameworks across jurisdictions.
With the growing demand for cryptocurrencies as a payment method in online businesses, accepting crypto payments has become an attractive option for worldwide businesses. Unlike cryptocurrencies like Bitcoin and Ethereum, stablecoins are pegged to fiat currencies, which means their values remain stable, reducing financial risks.
In recent years, the rise of cryptocurrency has redefined traditional notions of currency and payment systems worldwide. Cryptocurrency, such as Bitcoin, Ethereum, and others, operates on decentralized blockchain networks, enabling secure, peer-to-peer transactions without the need for intermediaries like banks or financial institutions.
From traditional options like credit cards to emerging solutions such as cryptocurrencies and biometrics, each payment method comes with unique advantages that cater to varying consumer needs. Adoption Rate : Cryptocurrency payment usage remains niche but is growing, with over 420 million crypto wallet users worldwide in 2023.
ReadyCode connected ATMs will offer the ability for enrolled LibertyX customers to seamlessly receive their cash at locations and communities of their choosing following the sale of bitcoin across more than 30 states to start.
Players using the cryptocurrency gaming platform, PeerGame , will now be able to integrate their crypto wallets into the platform, enabling quick and easy-to-navigate transactions to take place, following a continued partnership with the digital wallet firm, HandCash.
Nubank customers who hold cryptocurrencies will be able to trade Bitcoin (BTC), Ethereum (ETH), Solana (SOL), or Uniswap (UNI) for digital dollars USDC and vice versa.
In a public announcement, the FBI detailed that the malicious actors swiftly converted the stolen assets into bitcoin and other cryptocurrencies, dispersing them across numerous blockchain addresses. This incident, referred to by the FBI as “TraderTraitor,” marks one of the largest digital currency heists to date.
Our monthly focus now turns to the most well-known form of digital assets : cryptocurrencies. Since Bitcoin’s inception in 2009, the crypto world has jumped from one height to the next continually breaking records. But what is keeping this momentum going?
The crypto payment adoption is growing rapidly across the European Union (EU), with stablecoins being widely used as a preferred cryptocurrency among businesses. The Rise of Stablecoins in Europe With the evolving global financial landscape, European businesses are aggressively turning to cryptocurrency payments for more efficiency.
Despite a recent surge in Bitcoin prices, crypto hiring trends indicate that recruitment in the cryptocurrency sector is not increasing at the same pace, according to Bloomberg. In December, job listings related to cryptocurrencies on LinkedIn saw a 57% drop compared to the previous year.
Japan based cryptocurrency exchange DMM Bitcoin has prepared to shut down operations after suffering a USD 320 million Bitcoin theft in May 2024 due to a private key hack.
Having secured the green light from the CNMV, BBVA plans to launch a new crypto service for its customers, which will enable them to buy, sell, and manage Bitcoin and Ether transactions through its existing banking app. BBVA Switzerland launched the Bitcoin custody and trading service to all its private banking clients in June 2021.
Following a successful pilot project in December 2024, where residents could pay their taxes using major digital assets including USDT, Bitcoin and Ethereum through the Keepz platform, Georgia becomes one of the first countries in the world to provide an official crypto payment channel for public services.
Cryptocurrency demands are growing in the US, with consumers looking for more options and reliability when delving into the world of decentralised currencies. Millions of US citizens will now be able to purchase cryptocurrencies through the COCA platform and securely store them using multi-party computation (MPC) technology.
Singapore’s cryptocurrency market has seen a notable increase in crypto payments , with merchant services receiving nearly US$1 billion in crypto during the second quarter of 2024. A key part of this growth is the rise of XSGD, the Singapore dollar-backed stablecoin issued by StraitsX. Meanwhile, Paxos, a U.S.-based
Rakuten has also introduced its own cryptocurrency wallets and exchange systems there, bringing embedded finance to new levels by allowing Rakuten Cash balance recharges via Bitcoin and Ethereum. In Japan, while cash is still widely used, embedded finance is starting to gain momentum and expected to hit US$ 36.29
dtcpay , the licensed payment service provider, has announced that it will no longer be supporting Bitcoin (BTC) and Ethereum (ETH) in the new year as it transitions to only support stablecoins for its Digital Payment Token (DPT) payment services. One of the primary reasons for this change is the volatility associated with cryptocurrencies.
TL;DR You get to choose from traditional payment methods like cash and checks, online payment methods like digital wallets and ACH transfers, and emerging payment methods like BNPL services and cryptocurrencies. However, cryptocurrencies arent without their drawbacks. Digital currencies continue to experience extreme price volatility.
The Singapore Exchange (SGX) has no immediate plans to allow cryptocurrency listings on its bourse, Chief Executive Loh Boon Chye told Reuters , citing the lack of a mature ecosystem to support such a move. Bitcoin and Ether, the two largest cryptocurrencies, have seen significant price increases this year.
Bitget Research has attributed much of this growth to favourable local crypto regulations in the Middle East, the approval of Bitcoin ETFs , and the increasing attractiveness of digital assets amid a market upturn. Meanwhile, 34 per cent of users are cryptocurrency traders, and 22 per cent use them for daily payments.
London, United Kingdom, March 4th, 2025, FinanceWire Cryptocurrencies have evolved beyond speculation, emerging as critical components of modern investment strategies. As the digital economy expands, assets like Bitcoin and Ethereum are becoming crucial in long-term portfolio strategies.
In 2023, the value received by illicit cryptocurrency addresses amounted to US$24.2 Most of this total came from cryptocurrency services that are sanctioned by the US Department of the Treasury’s Office of Foreign Assets Control, or are located in sanctioned jurisdictions. and 54.3%, respectively.
This collaboration brings together two of the most trusted and reliable fintech brands in the world, allowing consumers across the EU to easily purchase cryptocurrencies directly. With this partnership, Bitstamp will manage the fiat currency to cryptocurrency conversion and transfers to consumers.
Ripple Labs has filed a trademark application for “Ripple Custody,” indicating a move into cryptocurrency custody services, Cointelegraph has learned. approval of spot Bitcoin ETFs in 2024. Institutional demand for secure asset storage has risen sharply, particularly after the U.S.
Cryptocurrency and blockchain-based payments Cryptocurrencies are digital assets that leverage blockchain technologyi.e., Some merchants accept payments using the Bitcoin Lightning Network for instant, low-fee Bitcoin transfers or stablecoins to avoid market volatility. Crypto payment systems dont require an intermediary.
Australian cryptocurrency exchange Independent Reserve has forged a new partnership with RelayPay, a digital currency payments platform. This collaboration aims to facilitate cryptocurrency transactions for Independent Reserve’s business clients in Australia and New Zealand.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content