Volkswagen Group Singapore (VGS) has partnered with major payment institution FOMO Pay to introduce digital currency payments for its vehicles and services. Customers can now pay with Bitcoin (BTC), Ethereum (ETH), and stablecoins such as USDT and USDC, marking a significant step toward modernizing the automotive retail experience in Singapore.

The initiative reflects VGS’s commitment to future-ready mobility solutions. As the official distributor of Volkswagen, Škoda, and CUPRA, the company aims to provide flexibility, speed, and convenience across all touchpoints. With 26% of Singapore residents now owning digital assets, this move aligns with growing consumer demand for secure, cost-effective, and globally interoperable payment options. Daily crypto transaction limits are set at SGD 4,500, capped at SGD 13,500 under regulatory guidelines.

FOMO Pay’s enterprise-grade infrastructure ensures secure and compliant processing with real-time exchange rates. Payments can be made for partial vehicle purchases and aftersales services. Both companies highlight this partnership as a milestone in enhancing customer experiences while driving Singapore’s digital finance ecosystem forward.

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We are living through the change of an era, where the old one is still dying and the new one is still being born. We are living through the end of the industrial era, when prosperity came mainly from factories and the cities that fed them with workers. States played an essential role there, providing access to raw materials for the factories, guaranteeing trade routes and infrastructure for their goods and keeping the workers’ movement in check. In return, the factories, thanks to their scale of production, supplied the markets and could afford to pay the states their dues in the form of taxes.

We are now in the middle of the transition to the information age, where scale no…

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LOS ANGELES (CA), 8/18/2025 – BitBit, the self-custodial social wallet that lets users instantly send and receive Bitcoin directly in their browser, today announced the launch of its X (formerly Twitter) integration, enabling users worldwide to exchange Bitcoin tips on the platform seamlessly. The payments will be associated with X usernames, allowing anyone to receive them, even without a wallet.

The integration leverages Spark,the fastest, cheapest, most UX-friendly way to build financial apps and launch assets on Bitcoin. Spark is built by Lightspark, providing open, always-on payments solutions for the Internet powered by Bitcoin: the only open, neutral network for moving…

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Dutch cryptocurrency service provider Amdax has unveiled plans to launch AMBTS B.V., a Bitcoin treasury company set to list on Amsterdam’s Euronext exchange. The firm aims to become a “1% Bitcoin treasury company,” targeting ownership of 1% of all Bitcoin in circulation—a goal that would require more than $24 billion at current market prices.

The company confirmed it will raise capital in phases to expand its Bitcoin reserves, strengthen equity value, and boost Bitcoin-per-share returns for investors. An initial private funding round is planned, with proceeds directed toward building a head start in its accumulation strategy. Amdax, which registered with the Dutch Central Bank in 2020, was also among the first Dutch firms to secure a MiCA license in June, underscoring its compliance credentials.

Growing European interest in Bitcoin adoption strengthens Amdax’s move. At least 15 companies across Germany, the UK, France, and Sweden already hold Bitcoin on their balance sheets, signaling a broader shift toward digital assets as a strategic reserve.

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Bitcoin’s price retreated below $115,000 on Monday as two major corporate buyers, Strategy and Metaplanet, announced additions to their Bitcoin treasuries, highlighting the growing trend of institutional accumulation despite market volatility.

Metaplanet, the Tokyo-listed company, acquired 775 BTC for approximately $93 million at an average price of $120,006 per coin, bringing its total holdings to 18,888 BTC acquired for $1.94 billion. The purchase maintains the company’s position as the seventh-largest corporate Bitcoin holder, with an average acquisition cost of $102,653 per Bitcoin across all purchases.

“Metaplanet now hold ~$2.18 billion in $BTC against just ~$0.12 billion…

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Strategy has made another bold move in the crypto space by acquiring 430 BTC for approximately $51.4 million at an average price of $119,666 per coin. The purchase comes as the company celebrates a strong performance, achieving a Bitcoin yield of 25.1% year-to-date in 2025. This signals continued confidence in Bitcoin’s long-term value as a digital asset.

As of August 17, 2025, Strategy now holds a staggering 629,376 BTC, acquired for nearly $46.15 billion at an average cost of $73,320 per coin. The company remains one of the largest institutional holders of Bitcoin, solidifying its place as a pioneer in corporate crypto adoption.

The latest acquisition not only demonstrates faith in Bitcoin’s future growth but also reinforces the view that digital assets are becoming essential in global finance. Strategy’s consistent accumulation highlights the growing belief that Bitcoin is more than a speculative asset—it’s a store of value and hedge against traditional market volatility.

Thailand is gearing up to test a new initiative allowing foreign tourists to convert cryptocurrency into Thai baht for use across the country. The “TouristDigiPay” project, announced by the Securities and Exchange Commission (SEC), will operate as an 18-month regulatory sandbox starting in the fourth quarter of 2025. Developed with the Ministry of Finance, Anti-Money Laundering Office (AMLO), and Ministry of Tourism and Sports, the scheme aims to simplify spending for international visitors while boosting tourism.

Crypto will not be used directly for purchases; instead, merchants will receive payment in baht. Strict safeguards will be in place, including Know Your Customer checks, monthly spending limits, and a block on direct cash withdrawals. The SEC noted that the project builds on Thailand’s regulated digital asset and e-money systems, ensuring risk management for both travelers and businesses.

Officials view TouristDigiPay as a much-needed boost to Thailand’s tourism sector, which has struggled with a decline in visitors, particularly from China. Full details are expected Monday from Deputy Prime Minister and Finance Minister Pichai Chunhavajira.

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Japanese bitcoin treasury firm Metaplanet has purchased an additional 775 BTC worth roughly $93 million, reaffirming its strong bet on the world’s largest cryptocurrency. The company’s president, Simon Gerovich, confirmed the acquisition on X, noting that the purchase was made at an average price of $120,006 per bitcoin. This brings Metaplanet’s total holdings to 18,888 BTC, valued at nearly $1.94 billion.

The Tokyo-based firm, which began its bitcoin accumulation strategy in April 2024, now ranks seventh globally among major corporate holders, according to Bitcointreasuries data. Despite recent market volatility, Metaplanet reported strong second-quarter results, with revenue rising 41% quarter-on-quarter to 1.2 billion yen ($8.4 million) and net income swinging to a profit of 11.1 billion yen ($75.1 million).

Metaplanet shares, however, faced pressure, falling 8.6% on Friday before edging up slightly Monday. Gerovich reassured investors, highlighting recurring bitcoin income growth over three straight quarters. “This recurring income adds resilience and supports further accumulation,” he said, stressing the company’s long-term commitment to bitcoin.