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.
Mastercard says stablecoins remain far from mainstream use, citing limited real-world utility despite strong underlying technology. While stablecoins offer features like fast transactions, low fees, and round-the-clock availability, Mastercard believes these are not enough to make them viable for everyday payments.
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.
Will Marwick CEO, IFX Payments The Payments Report 2024 highlights the growing impact of digital currencies, particularly stablecoins, as transformative payment solutions. The report notes how stablecoins, supported by regulatory developments, are driving advancements in digital commerce and cross-border transactions.
The platform supports fiat currencies like the Nigerian Naira (NGN), US Dollar (USD), and Canadian Dollar (CAD), as well as cryptocurrency transactions. Juicyway addresses this need by leveraging stablecoin technology to enable fast, affordable global money transfers with 24/7 execution and settlement.
Notably, the rise of cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs) are transforming the digital payments landscape. Here’s how these technologies are reshaping the payments ecosystem: Stablecoins are transforming cross-border payments by providing faster, cheaper alternatives to traditional transfers.
However, while the advantages of integrating cryptocurrencies into business models are well-understood by most small business owners and treasury departments in larger enterprises, there remains a key area of uncertainty: how to manage and secure the cryptocurrency once it is received. What is Custody in the Cryptocurrency Industry?
Wirex Pay , a stablecoin payment platform, is teaming up with Schuman Financial , the issuer of EURØP, a euro-backed stablecoin, to offer European consumers the option to buy, hold and spend the digital currency.
Crypto exchange OKX has introduced OKX Pay, a new feature within its app designed to make cryptocurrency payments and self-custody more accessible. The service will initially support stablecoins such as USDT and USDC, allowing users to send money as easily as sending a message. OKX plans to add support for more stablecoins over time.
Home Announcements Crypto GFT makes bank stablecoin play External This content is provided by an external author without editing by Finextra. GFT makes bank stablecoin play Global digital transformation company GFT today announced its work to guide US-based banks as they launch their own stablecoin products.
Several years ago, we began testing cryptocurrency transfers to better understand the technology as it relates to payments and immediately saw the value it could provide, says May Zabaneh, VP of Product at PayPal. By 2024, its stablecoin PYUSD initially launched on Ethereum expanded to Solana for faster, lower-cost transactions.
Home News Crypto PayPal to bring stablecoin to Stellar Network Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. PayPal says that PYUSD on Stellar can be used for fast, affordable real-world payments, remittances, commerce, and micro-financing.
As a result, the USD-denominated stablecoin is now being integrated into Ripple ‘s flagship payments solution, Ripple Payments, as the digital asset infrastructure provider looks to drive RLUSD’s utility and demand.
The upcoming changes in cryptocurrency regulation and its impact on payment services, focusing on the UK’s approach compared to the EU. It outlines how the regulatory landscape for cryptocurrencies in the UK will evolve, affecting businesses and compliance. What’s this article about? Why is it important?
The partnership will enable users of Ingenico’s platform globally to accept payments in cryptocurrency. The Singapore-based fintech announced this week that it is planning to expand its crypto offerings in 2025 to include both a stablecoin and an exchange-traded fund (ETF) product.
They can range from traditional payments, such as credit/debit cards and ACH payments , to modern alternative methods, such as digital wallets, mobile transactions, Buy Now Pay Later (BNPL), and cryptocurrency. On top of PCI compliance, you might have to pay extra for SSL (Secure Sockets Layer) certification.
The merchants never touch the crypto, so there is no need to worry about crypto volatility, wallets to manage, or compliance headaches. As consumers express interest in paying with digital assets, businesses see a means of gaining a larger customer base. A Shift in Retail Payments Consumer desire to use crypto at checkout is growing fast.
BVNK , a stablecoin payment infrastructure provider, is joining forces with First Digital , the group behind First Digital USD, in a move to bolster the adoption of the USD-backed stablecoin within the crypto ecosystem.
Circle applies for national trust bank status Stablecoin firm Circle has applied to create a national trust bank, moving further into the mainstream following its blockbuster IPO last month. Welcome to Finextra.
Stablecoins This technically fits into the crypto category, but it deserves a highlight all on its own because of the potential. Stablecoins are a type of cryptocurrency pegged to a fiat currency or a commodity, such as gold. There may be benefits to early compliance. Open banking/ Section 1033 For U.S.
According to decrypt.co, discussions have reportedly taken place with at least one firm operating in the cryptocurrency sector, although the neobank has not officially confirmed the plans. Companies such as Circle and Tether currently dominate the USD 251 billion stablecoin market, but that landscape could shift.
Vilnius, Lithuania, March 5th, 2025, FinanceWire Deus X Pay , a regulated stablecoin payment provider, announced the launch of NeXus , enabling instantaneous transfers at zero cost across the Deus X Pay ecosystem.
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. In 2024, India’s crypto industry faced major regulatory challenges, forcing many exchanges to shut down.
This composability risk has been likened to a house of cards: great when it works, but one weak link (say a stablecoin depegging or a smart contract exploit) can affect many layered applications. In fintech, that meant compliance checks, uptime requirements for APIs, etc. Every protocol is a Lego block that can snap onto others.
Elliptic , the digital asset decisioning firm, has partnered with Monerium , an authorised and regulated Electronic Money Institution (EMI), to streamline compliance, automate cross-chain AML screening, and offer real-time monitoring to manage regulatory requirements efficiently.
Blockchain, a new world of transparency and financing models The use of blockchain technology is still in its early stages, but it holds significant potential to transform various aspects of BNPL operations, from improved transparency and trust to regulatory compliance. Tokenised assets backed by receivables can be issued.
Metrikas SaaS platform enables financial institutions, enterprises, and regulatory bodies to proactively monitor, assess, and mitigate risks across tokenized assets, stablecoins, cryptocurrencies, and blockchain networks. Contact Renjie Butalid VP Business Development Metrika renjie@metrika.co
Meanwhile, when people say blockchain, for those outside of the industry, there might be a loose link to cryptocurrency, but beyond that it is confusing. “So far, much of the attention around blockchain has been centered on cryptocurrency and digital assets. This narrow focus has in some ways held back broader adoption.
The funds will be used to support OpenTrade’s operational growth, product development, and engineering expansion, as the company continues building infrastructure for real-world asset (RWA)-backed stablecoin yield offerings.
Home News Crypto Paxos launches stablecoin in the EU Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Paxos launches stablecoin in the EU Digital asset outfit Paxos has launched its Global Dollar (USDG) stablecoin across the European Union.
Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Dive Brief Fiserv launches new stablecoin The payments processor wants to be an early mover as banks, the U.S. Please let us know if you have feedback.
The UK-based cryptocurrency business once commanded a $170 million price tag , but has been plagued by cash-flow problems as investors cooled on fintech prospects during the 2023 tech downturn. Ziglu enters administration Ziglu, the crypto startup launched by former Starling co-founder Mark Hipperson, has entered administration.
Under the new legal framework, a wide range of virtual asset-related activities, including cryptocurrency exchanges, token offerings, lending platforms, staking, non-fungible tokens, and decentralised finance services, will require authorisation from CRVAA.
Selecting a trustworthy cryptocurrency exchange website has become a critical decision for investors – one that directly impacts both portfolio security and trading success. Unlike fraudulent platforms, reputable exchanges invest in compliance, security infrastructure, and operational transparency.
Longo will drive strategic investments to fuel growth and help advance Chainalysis’ mission to build trust in cryptocurrency markets through data and blockchain analysis. MANSA’s stablecoin-based solution offers payment providers in emerging and mature markets a flexible way to manage liquidity challenges in cross-border payments.
Later, the firm is planning to go further, offering stablecoins, the ability to borrow against crypto assets and staking features. The fintech owns a nationally chartered bank , meaning it can now provide crypto custody and execution services on behalf of customers and engage in certain stablecoin activities.
The popularity of cryptocurrency has overshadowed blockchain to the point that a misconception has been formed: blockchain’s sole purpose is to facilitate cryptocurrencies. “What we’re offering at Midnight is an opportunity to reduce costs through how you handle data and compliance regulations.”
Debate over credit card competition and stablecoin oversight Beyond stablecoins, the legislation has become a focal point for debates over credit card processing rules. The intention is to clarify how stablecoins may be used for payments and to bring them within a formal regulatory perimeter.
Clarity on compliance expectations. As technologies like AI and blockchain challenge the traditional lanes of finance, cross-disciplinary knowledge is becoming critical at every level—policy, ops, compliance, engineering. It’s here where Grech stresses overlooked fundamentals. Reliable digital infrastructure.
This development follows the FCA’s mission to continue to establish a regulatory framework for cryptocurrency services. Recently, the regulator made public proposals for issuing stablecoins, which it believes will allow UK crypto firms to compete internationally.
These tokens can be bought, sold, and transferred just like cryptocurrencies, but their value is tied to the price of the real-world stock. They shouldnt be confused with cryptocurrencies or ICO tokens that create a new asset out of thin air. For example, if a custodian holds 100 shares of MegaCorp Inc. of a share, if fractional).
Garanti BBVA Kripto aims to include crypto trading in TRY and USD, as well as trading between cryptocurrencies, expanding local market access to digital assets and creating a better experience for Turkish investors. This will ensure optimal price discovery, better execution, and compliance with regulatory requirements.
1793 Report Share Channels /financial inclusion /cryptocurrency Comments: (0) Sign in to comment Paul Quickenden Chief Commercial Officer Easy Crypto Member since 02 Apr Location Auckland Followers 0 Following 0 Opinions 3 Follow Unfollow Are stablecoins the new superstars of crypto? 21 May Is the crypto bull run over?
Rosalia Mazza Jun 12th Investments Noah Raises $22M to Rethink Global Payments Fintech startup Noah secures $22M to simplify cross-border payments using stablecoin infrastructure and onboard key payments veterans. The IPO marks a turning point for U.S. fintech listings. MiFID II”) will have a. 50%+ from financial institutions.
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