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U.S.-based stablecoin issuer Circle has received a Major Payment Institution license in Singapore, allowing it to conduct payment and money-transfer services in the city-state.
It is the fourth digital token services provider to receive the coveted MPI licence so far. . Read more at straitstimes.com.
You can now buy a Lamborghini in Singapore with Bitcoin. . Read more at straitstimes.com.
Crypto payments for luxury goods were on the rise in 2021. Crypto payment processing firms are partnering with luxury goods brands to drive spending.
Singaporean luxury car distributor, EuroSports Global, has started accepting cryptocurrency payments for Lamborghini and Alfa Romeo motor-vehicles.