Singapore Red Cross now accepts crypto donations

The humanitarian aid organization is partnering with Triple-A to enable crypto payments

article-image

rospoint/Shutterstock modified by Blockworks

share

Singapore’s Red Cross charity now accepts donations in the form of crypto thanks to a recent integration with licensed crypto payment gateway Triple-A. 

Supported cryptocurrencies include bitcoin (BTC), ether (ETH), and stablecoins tether (USDT) and Circle’s USD Coin (USDC), according to a press release.

“Powered by Triple-A, payment is compatible with all wallets and provides locked-in exchange rates. You can pre-define an amount (in fiat) that you would like to give and the system will automatically do the conversion for you,” Singapore Red Cross explained.

Secretary General and CEO of Singapore Red Cross Benjamin William said accepting cryptocurrency opens up opportunities for a “new generation of donors” to help the vulnerable. 

“By accepting digital currencies, we open our doors to a new segment of donors who are tech-savvy and wish to make a difference through their digital assets,” William said in a statement.

Other divisions of the Red Cross also accept crypto as well. The American Red Cross accepts crypto through BitPay, for instance. 

Triple-A, which is incorporated in Singapore, has been sanctioned as a Digital Payment Token provider by the Monetary Authority of Singapore since Nov. 30, 2021, making it a longtime regulated firm in the city state. 

It beat out big companies like Circle for licensing, which was pre-approved in November 2022 and fully approved as a major payment institution in June 2023.

Triple-A also accepts all existing crypto wallets, according to its website, simplifying the process for crypto holders to send money to the Singapore Red Cross. 

The Singapore Red Cross also clarified that unlike fiat donations, donations with cryptocurrency are not tax-deductible at the moment. However, donating via a credit card is a surefire way to get a tax benefit.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Industry City | Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

Brooklyn, NY

SUN - MON, JUN. 22 - 23, 2025

Blockworks and Cracked Labs are teaming up for the third installment of the Permissionless Hackathon, happening June 22–23, 2025 in Brooklyn, NY. This is a 36-hour IRL builder sprint where developers, designers, and creatives ship real projects solving real problems across […]

recent research

Research Report Templates (10).png

Research

Kamino has evolved into a full-stack asset scaling suite with V2: unlocking new markets, improving capital efficiency, and catering to various risk profiles. We believe it is best positioned to become the credit backbone of Solana as the ecosystem matures. Simply put, KMNO remains our highest-conviction bet in the Solana ecosystem. This report lays out our thesis.

article-image

EigenCloud wants to make crypto-economic guarantees a plug-and-play primitive

article-image

In a new letter, Gemini alleges that the CFTC’s DOE had ulterior motives for 2022 suit

article-image

Sponsored

Neitec’s Debita platform is closing the credit gap by unlocking high-yield private debt in markets that need it most

article-image

From bank porters to stablecoins, the history of money is a story of acceleration

article-image

The Byreal DEX will use both centralized and decentralized liquidity sources to route trades

article-image

Last week’s solana ETF amendments points to “some sort of push from the SEC to get things organized,” a person familiar tells Blockworks.