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:

  • Blockworks Daily: The newsletter that helps thousands of investors understand crypto and the markets, by Byron Gilliam.
  • Empire: Start your morning with the top news and analysis to inform your day in crypto.
  • Forward Guidance: Reporting and analysis on the growing intersection of crypto and macroeconomics, policy and finance.
  • 0xResearch: Alpha directly in your inbox. Market highlights, data, degen trade ideas, governance updates, token performance and more.
  • Lightspeed: Built for Solana investors, developers and community members. The latest from one of crypto’s hottest networks.
  • The Drop: For crypto collectors and traders, covering apps, games, memes and more.
  • Supply Shock: Tracking Bitcoin’s rise from internet plaything worth less than a penny to global phenomenon disrupting money as we know it.
Tags

Upcoming Events

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.

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.

recent research

Research

article-image

The network is at a “pivotal juncture,” Blockworks Research’s Marc-Thomas Arjoon said

article-image

Altcoin trade volume has returned to pre-FTX levels, but with a shrinking pool of market leaders

article-image

Solana Foundation’s former head of strategy proposes increasing the disinflation rate

article-image

With much of the bitcoin mining supply chain based in Asia, US-based operations now face higher equipment prices

article-image

Anticipating an economic downturn, venture firms may be less likely to invest

article-image

Trump’s tariffs may have potentially significant impacts on GDP, household spending and food prices — if they hold