Breaking News
Bitstamp is the first crypto exchange with major EU presence with In-Principle License Approval in Singapore
Great news from the Monetary Authority of Singapore (MAS)! Bitstamp just received the In-Principle Approval (IPA), a crucial step towards obtaining their Major Payment Institution license. IPA paves the way for Bitstamp to provide digital payment token services in Singapore, all in compliance with the republic’s Payment Services Act. It’s a significant strategic move that reflects Bitstamp’s commitment to compliance and supporting the growth of the evolving global landscape.
Strengthening our global strategy
Bitstamp’s primary focus within Singapore will be on serving institutions including intermediaries such as payment processors, fintech companies and brokerages.
This approval comes at an exciting time for the market, with this year seeing the implementation of the European Union’s (EU) MiCA framework and the and the approval of Bitcoin ETFs in the US.
Bitstamp is confident about their proposition for institutional and retail customers they serve in the Asia-Pacific region, with Singapore at the core of their strategy.
Compliance and regulation at the heart of all operations
Bitstamp received its first license in 2016 in Luxembourg. Today, they hold 50+ licenses and registrations globally, including markets like Luxembourg, the Netherlands, Italy, Spain, France, the United States (covering 40 states, including New York, Washington, Texas, and Florida), and the United Kingdom.
As they embark on this exciting new chapter in Singapore, they thank you, their valued users, for your continued support. Bitstamp remains steadfast in their mission to drive the adoption of crypto while upholding the highest standards of security and compliance. Stay tuned for more updates as they continue to grow and drive innovation within the digital asset ecosystem.
Companies In This Post
- What Are Some Emerging Trends in APAC? | FF News at Money20/20 Asia 2025 Read more
- EXCLUSIVE: “Private Banking for All” – Hylton Kallner, Discovery Bank in ‘The Fintech Magazine’ Read more
- Temenos Strengthens Product Leadership With Key Appointments Read more
- ACI Worldwide Recognized as Leading Provider of Fraud Orchestration Solutions by Datos Insights Read more
- Four in Ten British Businesses Would Adopt Open Banking for Increased Security Benefits, but Are Held Back by Lack of Understanding Read more
Gnosis Completes $15M Acquisition of Headquarters (HQ.xyz) to Accelerate Onchain Business Banking, Marking Expansion to Asia
Gnosis has acquired Headquarters (HQ.xyz), the leading onchain business account platform, in a strategic move to accelerate its Gnosis 3.0 roadmap. The deal includes an initial investment of up to USD 8.95 million from the GnosisDAO treasury, approved through a DAO vote in January. In parallel, Gnosis Ltd. has committed an additional $6 million in working capital to support the growth, compliance, and operations over the next two years - bringing the total acquisition investment to $14.95 million, making it one of largest acquisitions from the Gnosis ecosystem to date.
Coinpayments and Jetcraft Forge Landmark Partnership to Revolutionize Business Aviation Payments With Cryptocurrency
CoinPayments Inc, a pioneer in digital payments since 2013 and partner of the Stake Sauber Formula 1 Team for the 2025 season, has today announced a groundbreaking partnership with Jetcraft, the global leader in business aircraft sales, acquisitions, and trades. Through the blockchain-based collaboration, Jetcraft clients will benefit from streamlined transactions, faster escrow processes, and enhanced purchasing experiences.
Midnight Foundation Launches to Support Growth of Privacy Network, Bringing Traditional Finance onto the Blockchain
Today marks the official launch of the Midnight Foundation, an organization committed to supporting the growth of the Midnight blockchain ecosystem. Midnight is a platform enabling decentralized applications that deliver rational privacy - programmable data protection with selective disclosure. The Foundation’s core mission is to foster a thriving developer community, expand access to Midnight’s privacy-first technology, and guide the network’s evolution toward full decentralization.
Bitget Wallet and Reserve Launch Onchain Index Fund
Bitget Wallet, the leading non-custodial crypto wallet, has integrated Reserve's Decentralized Token Folios (DTFs), introducing a new onchain index fund experience to retail crypto users. DTFs allow users to gain exposure to a diversified set of digital assets through a single token, removing the need to manage multiple positions individually.
Bybit Hits 70M Users as It Accelerates Institutional Adoption and Global Compliance
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced it has surpassed 70 million registered users, a milestone that highlights the platform’s sustained global growth and deepening trust among both retail and institutional clients. This achievement underscores Bybit’s robust market presence and its steadfast commitment to security, compliance, and product innovation.
Bitget Wallet Launches In-App Crypto Shopping Across 300+ Global Brands
Bitget Wallet, the leading non-custodial crypto wallet, has launched "Shop with Crypto," a new in-app marketplace enabling users to spend cryptocurrencies directly on goods and services. The service removes the need for fiat conversion, offering a streamlined crypto-native checkout experience from within the wallet.
MiniPay Now Available as Standalone App For iOS and Android, Redefining Global Payments With a Frictionless Stablecoin Wallet For Real-world Use
MiniPay, the award-winning non-custodial stablecoin wallet built on the Celo blockchain, is now available as a standalone application on both iOS and Android, offering a cutting-edge solution for seamless global payments and financial inclusion.
What Are Some Emerging Trends in APAC? | FF News at Money20/20 Asia 2025
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
EXCLUSIVE: “Private Banking for All” – Hylton Kallner, Discovery Bank in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Temenos Strengthens Product Leadership With Key Appointments
Temenos (SIX: TEMN), a global leader in banking technology, today announced it has strengthened its product leadership team with two strategic appointments. Rohit Chauhan joins as Chief Technology Officer (CTO), and Eugene Khmelevsky joins as Global Head of Architecture and Data. The two executives, based out of the U.S., report to Barb Morgan, Temenos’ Chief Product and Technology Officer, highlighting the company’s strategic investment in talent to accelerate growth and innovation.
ACI Worldwide Recognized as Leading Provider of Fraud Orchestration Solutions by Datos Insights
ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, has been recognized among leading solutions providers in Datos Insights’ latest report on the fraud orchestration solutions market, Beyond Point Solutions: Orchestrating the Future of Fraud Prevention.
Four in Ten British Businesses Would Adopt Open Banking for Increased Security Benefits, but Are Held Back by Lack of Understanding
42% of British businesses are keen to integrate open banking into their operations citing the potential benefits of increased security and fraud prevention. This comes as a study by Payit, NatWest’s open banking payment solution, found that one in five (22%) businesses spend more than 6 hours per month managing and storing sensitive customer information, such as card details. And with open banking solutions, they could use this time to build and grow their business.
AAA Life Insurance Company Selects One Inc’s PremiumPay® to Support Digital Payment Processing
One Inc, the leading digital payments network for the insurance industry, today announced that AAA Life Insurance Company (AAA Life) has selected its PremiumPay® solution to support the company’s digital payment processing capabilities. AAA Life will use PremiumPay as its primary platform for digital payment processing, offering policyholders a wider range of flexible, secure payment options while streamlining internal processing.
More People Have Bank Accounts but One in Ten Have No Cash Savings, FCA Survey Reveals
The Financial Conduct Authority (FCA) has found that one in ten people have no cash savings at all, and another 21% have less than £1,000 to draw on in an emergency. The regulator’s research also shows that one in four people in the UK have low financial resilience, meaning that they have missed payments, are struggling to keep up with commitments, or don’t have savings to help them through difficulties.