SG's Official Ferrari Importer now accepts cryptocurrency
14 Mar 2025|289 views
Ital Auto Singapore Pte Ltd, the Official Ferrari Importer for Singapore, has announced that it will start accepting cryptocurrency as payment through a partnership with Triple-A, a digital assets firm.
In 2021, Triple-A became the first payment institution in Singapore to be granted a Digital Payment Token licence by the MAS, Singapore's central bank. It is also registered with the United States Financial Crimes Enforcement Network.
This dealership will now be able to convert cryptocurrency instantly into dollars with instant bank settlements. Furthermore, a locked-in exchange rate with no volatility risk and instant confirmation ensures the payment can proceed in a safe and secure manner.
As digital currencies are reaching mass adoption, Ital Auto has said that through this partnership, it can now conduct user-friendly transactions that are trusted, seamless, and secure without exposure to price fluctuations.
Ital Auto Singapore Pte Ltd, the Official Ferrari Importer for Singapore, has announced that it will start accepting cryptocurrency as payment through a partnership with Triple-A, a digital assets firm.
In 2021, Triple-A became the first payment institution in Singapore to be granted a Digital Payment Token licence by the MAS, Singapore's central bank. It is also registered with the United States Financial Crimes Enforcement Network.
This dealership will now be able to convert cryptocurrency instantly into dollars with instant bank settlements. Furthermore, a locked-in exchange rate with no volatility risk and instant confirmation ensures the payment can proceed in a safe and secure manner.
As digital currencies are reaching mass adoption, Ital Auto has said that through this partnership, it can now conduct user-friendly transactions that are trusted, seamless, and secure without exposure to price fluctuations.
Latest COE Prices
April 2025 | 1st BIDDING
NEXT TENDER: 23 Apr 2025
CAT A$97,724
CAT B$117,899
CAT C$68,782
CAT E$117,002
View Full Results 
Thank You For Your Subscription.
