Fintech News

MARCH 6, 2024

Cryptocurrency exchange Bitstamp announced it has obtained an in-principle approval from the Monetary Authority of Singapore (MAS) to operate under the Major Payment Institution license. This regulatory milestone allows Bitstamp to offer digital payment token services in compliance with the Payment Services Act in Singapore.

Security 109

Security APACS Regulatory Compliance Compliance 109

The Paypers

DECEMBER 16, 2022

Crypto.com has become the first cryptocurrency exchange to receive a Payment Institution Licence from the Central Bank of Brazil.

Payments Institute 36

Payments Institute Central Bank Cryptocurrency Payments 36

Fintech News

OCTOBER 15, 2024

OKX, a global cryptocurrency exchange and onchain technology company, has named Yuri Mushkin as its Global Chief Risk Officer. OKX recently launched operations in the UAE and its Singapore entity obtained a Major Payment Institution license in September. This appointment comes as OKX expands its global presence.

Risk 109

Risk Risk Management Cryptocurrency Payments Institute 109

Fintech News

MARCH 12, 2024

The Singapore subsidiary of cryptocurrency exchange and Web3 technology firm, OKX, known as OKX SG Pte. has been accorded in-principle approval for a Major Payment Institution License by the Monetary Authority of Singapore (MAS).

Cross-Border 117

Cross-Border Regulatory Compliance Best Practices Cryptocurrency 117

Fintech News

FEBRUARY 28, 2024

HashKey Technology Services, the over-the-counter (OTC) trading division of the HashKey Group , has secured in-principle approval from the Monetary Authority of Singapore (MAS) for its application for a Major Payment Institution license. This license will enable HashKey OTC to provide digital payment token services.

Accreditation 117

Accreditation Regulatory Compliance Settlement Digital Payments 117

Fintech News

JULY 3, 2024

Singapore, long known for its financial prowess and technological innovation, has emerged as an unexpected leader in cryptocurrency adoption. From the bustling streets of Marina Bay to the fintech hubs in the Central Business District, cryptocurrency has woven itself into the fabric of Singaporean life.

Financial Literacy 109

Financial Literacy Cryptocurrency Digital Currency Money Laundering 109

The Fintech Times

JANUARY 17, 2025

The country has witnessed organic growth in fintech and related subsectors, partly driven by the depreciation of the Turkish lira – which led to increased popularity of cryptocurrencies despite some setbacks including the closure of crypto houses such as Vebitcoin in 2021.

FinTech 59

FinTech Digital Payments Laws Credit Cards 59

Fintech News

MAY 21, 2024

businesses with a compliant and efficient way to manage multi-fiat accounts, streamline cash flows, and facilitate conversions between fiat and cryptocurrency. Inspired by Ripple’s cross-border payment model, the Web 3.0 digital bank addresses significant challenges in managing cross-border payments and fiat-crypto transactions.

Web 3.0 108

Web 3.0 Cross-Border Payments Cross-Border Alternative Payment Methods 108

Fintech News

APRIL 7, 2024

GSR, a global cryptocurrency trading firm and liquidity provider, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). located in Singapore, to provide digital payment token services. This license allows its subsidiary, GSR Markets Pte.

Treasury Management 99

Treasury Management APACS Procedures Treasury 99

Fintech News

JANUARY 9, 2024

This development follows a survey by SBI DAH and AsiaNext, which found that institutional interest in digital assets has grown despite the recent downturn in the cryptocurrency market. The Singapore-based joint venture was formed between SBI Digital Asset Holdings (SBI DAH) and SIX.

Risk Management 108

Risk Management On-Demand Risk Settlement 108

Fintech Finance

JUNE 4, 2025

” With MiCAR (Markets in Crypto-Assets Regulation) reshaping the European regulatory landscape, Ivy’s status as a European licensed Payment Institution, as well as its footprint in the industry, makes it the clear choice for leading crypto exchanges seeking to future-proof their growing European operations.

IBAN 81

IBAN Payments Stablecoins Reconciliation 81

Finextra

JUNE 19, 2025

These two industries have a high demand for payment services, making it easier for new payment institutions and e-money startups to gain a foothold in the market. 829 Report 2 Likes Share 4 Channels /payments /cryptocurrency Fintech Fintech discussions and conversations around the development of fintech.

Payments 52

Payments Regulations Authorization AI 52

Finovate

AUGUST 9, 2024

Latin America and the Caribbean Uruguay-based cross-border payments platform dLocal forged a strategic partnership with cross-border payments company iTransfer. Canadian fintech Nuvei agreed to acquire Brazilian licensed Payment Institution, Pay2All. Mexican fintech Stori secured $212 million in equity and debt funding.

Electronic Funds Transfer (EFT) 106

Electronic Funds Transfer (EFT) Cross-Border Payments Financial Inclusion Cross-Border 106

The Fintech Times

JUNE 17, 2025

Through a strategic partnership with its licensed partner AEON , the crypto payment framework, Bitget Wallet now enables crypto payments across more than 55 banks and payment institutions that support VietQR.

Stablecoins 53

Stablecoins Payments Non-Bank Small Business 53

The Fintech Times

FEBRUARY 20, 2025

Longo will drive strategic investments to fuel growth and help advance Chainalysis’ mission to build trust in cryptocurrency markets through data and blockchain analysis. Appointments Chainalysis, the blockchain data platform, has named its first chief financial officer, Valentina Longo.

FinTech 64

FinTech Cross-Border Payments Disaster Recovery Online and Mobile Banking 64

PYMNTS

JANUARY 29, 2020

The singer said the town is going to be powered by his cryptocurrency Akoin, which he said will allow for 54 African countries to get access to credit, as well as government services. Akon said the city will be a “real life Wakanda.”.

Blockchain 53

Blockchain Payment APIs and Integration Cryptocurrency Bitcoin 53

The Paypers

FEBRUARY 28, 2024

Cryptocurrency technology company Blokko.io has partnered with Singapore-based digital currency payment institution Triple-A.

Digital Currency 36

Digital Currency Digital Payments Cryptocurrency Payments Institute 36

Neopay

JULY 18, 2024

Cryptocurrency: Chainalysis reported that $23.8 billion in cryptocurrency was laundered in 2022, representing a 68% increase over 2021. The anonymity offered by cryptocurrencies makes them attractive for laundering illicit funds. For 2024, this translates to between $2.22 trillion and $5.54

Money Laundering 52

Money Laundering AML Cryptocurrency Crime 52

The Fintech Times

JULY 19, 2024

Especially as, according to research from triple-a.io, the crypto payments institution, there are over 44 million crypto users in the region. Known for its forward-thinking and comprehensive regulatory approach to blockchain and cryptocurrency, Malta is an ideal base from which OKX can offer its services to EU customers.

Regulations 59

Regulations Cryptocurrency Payments Institute Blockchain 59

Fintech Review

OCTOBER 7, 2024

This trusted and secure stablecoin offers users a reliable solution for global cross-border payments, making it a pivotal tool for the future of digital transactions. About StraitsX StraitsX is the pioneering payments infrastructure for the digital assets space in Southeast Asia.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Stablecoins Financial Inclusion 52

The Fintech Times

OCTOBER 10, 2024

In a significant development for the United Arab Emirates’ burgeoning virtual asset market, OKX , a global on-chain technology company, has launched a licensed cryptocurrency exchange for both retail and institutional investors in the UAE.

Cryptocurrency 52

Cryptocurrency Risk Management Blockchain Legal Framework 52

The Paypers

APRIL 13, 2022

FOMO Pay , a Singapore-based payment institution, has introduced a new cryptocurrency payment solution that lets retailers accept digital payment token (DPT).

Payment Solutions 28

Payment Solutions Cryptocurrency Payments Institute Payments 28

Finance Magnates

MARCH 27, 2023

We understand that a money transfer license can go by many names in different countries, such as bureau de change, remittance license, money services organization license, money transfer operator license, or payment institution license, among others. Faisal Khan , CEO of Faisal Khan LLC.

Legal 52

Legal Regulations Origination Cryptocurrency 52

PYMNTS

JANUARY 26, 2017

G2 found that, in response, cybercriminals have shifted their illicit transactions to alternative payments systems, new entrants and cryptocurrency. Fraudsters’ relentless search for vulnerabilities in these systems has spawned a new threat G2 calls “payment laundering.”. One such method is what Frechtling called a “redirect.”

Transactions 44

Transactions Bitcoin Online and Mobile Banking Due Diligence 44

The Fintech Times

MARCH 13, 2025

Launched at the end of December on global exchanges, Ripples ownhas already surpassed $130million in market cap.

Cross-Border 69

Cross-Border Cross-Border Payments Settlement Stablecoins 69

Finovate

OCTOBER 18, 2024

Asia-Pacific Singapore-based finance platform for businesses, Aspire, secured in-principal approval for the Major Payment Institution license from the Monetary Authority of Singapore (MAS). Nigerian cryptocurrency exchange Yellow Card secured $33 million in Series C funding. million (€2.3 million) to fuel expansion.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Advisors Payments 59

The Fintech Times

APRIL 5, 2024

The company and its subsidiaries collectively hold a New York BitLicense , nearly 40 money transmitter licenses across the US, a Major Payment Institution License from the Monetary Authority of Singapore , and a Virtual Asset Service Provider registration with the Central Bank of Ireland.

Stablecoins 64

Stablecoins Use Case Blockchain On-Demand 64

The Fintech Times

MAY 23, 2025

As a result of the partnership between Binance and the Central Bank of Brazil , users will be able to make instant payment and transfers in reais (Brazil’s national currency) using cryptocurrencies to any person or commercial establishment in the country. Payments will be processed by Z.ro

Cryptocurrency 45

Cryptocurrency Central Bank Payments Instant Payments 45

The Fintech Times

JANUARY 27, 2025

Expanding global footprint Ripple and its subsidiaries hold a variety of global licences, including a NY BitLicense, a NY Limited Purpose Trust Company Charter, and over 55 Money Transmitter Licences that cover its payments, custody, and stablecoin business.

Cross-Border Payments 75

Cross-Border Payments Cross-Border Blockchain Stablecoins 75