Singapore Red Cross, a charity organization that provides humanitarian aid and community services, has added cryptocurrency as a newly-accepted form of donation. Bitcoin, Ether, Tether and USD Coin donations are now accepted and will be converted into fiat currency and settled via bank transfer within one business day. The organization has partnered with Triple-A, the first crypto payment gateway licensed by the Monetary Authority of Singapore, to enable anonymous donations in crypto. This move is aimed at attracting a new segment of tech-savvy donors who wish to make a difference through their digital assets.
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