---
title: "Singapore Red Cross To Accept Donations in Crypto"
url: https://diffcoin.com/singapore-red-cross-to-accept-donations-in-crypto/
description: "Humanitarian aid organisation Singapore Red Cross announced it will now accept donations in the form of cryptocurrencies. Donors can contribute in…"
published: 2023-08-14
updated: 2023-08-14
author: "Mila"
site: "Diffcoin"
---

# Singapore Red Cross To Accept Donations in Crypto

**Humanitarian aid organisation Singapore Red Cross announced it will now accept donations in the form of cryptocurrencies. Donors can contribute in Bitcoin, Ether, Tether and USD Coin.**

The Singapore Red Cross recently announced that it will now accept donations in cryptocurrencies via a partnership with Triple-A.

## Singapore Red Cross Enables Anonymous Crypto Donations

In an effort to secure contributions from a whole new generation, the Singapore Red Cross entered into a partnership with Triple-A to enable the option of anonymous crypto donations. According to a press release, the organisation accepts Bitcoin, Ether, Tether and USD Coin.

The Singapore Red Cross explained:

> ‘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.”

Triple-A is the first crypto payment gateway licensed by the Monetary Authority of Singapore. The platform was sanctioned as a Digital Payment Token Provider by the MAS in November 2021.

Secretary general and CEO of the Singapore Red Cross, Benjamin William, commented:

> “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.”
> 
> “Enabling cryptocurrency donations also opens more opportunities for the new generation of donors who are *au fait* with digital currencies to consider philanthropy and helping the vulnerable.”

Donors can contribute with the four above tokens or donate via a separate solution from a Binance digital wallet.

Currently, crypto donations are not tax deductible.

*Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.*

[Source link](https://www.cryptodaily.co.uk/2023/08/singapore-red-cross-to-accept-donations-in-crypto)