Author: CryptoCurrencyNews

AEON Pay Now Supports Crypto Checkout in Nigeria with Local Bank Transfer to Merchants

HONG KONG, July 11, 2025 /PRNewswire/ — AEON, the next generation crypto payment framework, is excited to announce the expansion of its Web3 mobile payment solution, AEON Pay, into Nigeria. AEON Pay now supports local bank transfer in Nigeria on its Telegram miniapp and dApps, unlocking seamless Web3-powered crypto payment through direct merchant bank transfers.

With this new integration, Nigerian users can now shop at participating merchants, input an amount in Naira (NGN), and choose their preferred crypto and wallet to complete the payment. AEON Pay automatically handles the asset conversion and initiates a local bank transfer to the merchant—offering a user experience that blends the power of crypto with the familiarity of mobile banking.

This feature is compatible with all banks supported by the Nigeria Inter-Bank Settlement System (NIBSS), a central financial infrastructure institution that facilitates interbank settlements and digital payments across Nigeria, ensuring nationwide coverage and reliable local settlement, which marks a significant milestone in enabling real-world crypto utilities through local payment infrastructure.

Why Bank Transfers in Nigeria?

Bank transfers are one of the most trusted and widely used payment methods in Nigeria. According to NIBSS, bank transfers accounted for over 70% of all digital payments in the country in 2023, overtaking card payments and mobile money. With millions of Nigerians relying on bank accounts as their primary payment rail, integrating this system was essential to meet local user behavior and expectations.

By tapping into the existing bank infrastructure through NIBSS, AEON Pay makes crypto feel as intuitive as cash. Whether shopping, dining, or accessing local services, users can now experience real-world crypto utility in a familiar and accessible way.

AEON’s Expansion into Africa

This launch signals AEON’s official entry into Africa, a region with rapidly growing crypto adoption and strong demand for practical utility. Nigeria, often referred to as Africa’s crypto hub, consistently ranks among the top countries for crypto usage globally (Chainalysis, 2023). The country’s combination of digital-savvy youth, mobile-first infrastructure, and underbanked populations makes it a key entry point for meaningful Web3 utility.

AEON’s mission to bring crypto into daily life now extends beyond Asia, with LATAM integrations also on the horizon. By adapting to local financial rails like bank transfers in Nigeria, AEON ensures its technology remains both innovative and inclusive.

A Seamless Web3 Mobile Payment Experience

AEON Pay, the Web3 mobile payment product by AEON, is accessible through Telegram MiniApps, leading wallet dApps, and popular crypto exchange platforms. Already available across 20 million+ merchants and 10,000+ global brands in Southeast Asia, including McDonald’s, Pizza Hut, and UNIQLO, AEON Pay brings scan-to-pay and bank-transfer payment flows into the hands of crypto users.

The newly added Nigeria bank payment option is fully integrated into this flow, allowing for:

  • Spend crypto directly in NGN: Real-time NGN price input, no need to cash out manually or use centralized exchanges.
  • Support local merchants: From small shops to large businesses, payments go straight and instant to Nigerian bank accounts.
  • Familiar UX, powered by Web3: Users enjoy the benefits of crypto with the intuitive simplicity of entering a local amount and confirming with a wallet.
  • Access via Telegram, wallets & exchanges: AEON Pay is built where users already are.

AEON is committed to building a truly global crypto payment network that adapts to real-world user habits and meets people where they are. By integrating local payment methods like bank transfers in Nigeria, AEON bridges the gap between decentralized finance and everyday commerce. This launch marks an entry into a new market, and also reflects AEON’s broader mission to make crypto practical, accessible, and usable in the daily lives of people around the world. From Asia to Africa and soon to Latin America, AEON is laying the foundation for a future where crypto payments are as easy and intuitive as any local payment method.

About AEON

AEON is the next-generation crypto payment framework, built for AI to drive intelligent, automated payments across Web3 and simplify how crypto works in real life. With omni-chain support, AEON’s AI Payments system allows intelligent agents to manage and automate transactions, payments, subscriptions, and remittances for users.

With offerings like Web3 Mobile Payment that allows users to pay with crypto across 10,000 brands at 20+ million retail merchants in SEA, Africa and Latin America, Online Web3 Payment, Swap Pay, and a growing suite of AI-integrated payment services, AEON aims to create a future of crypto finance that’s intelligent, scalable, and borderless, where AI meets real life through seamless, scalable payments for next billion of users.

Website | X | Telegram | MediumAEON Pay

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Alchemy Pay Accelerates Regulatory Expansion in the U.S. with South Carolina MTL License Approval

HONG KONG, July 11, 2025 /PRNewswire/ — Alchemy Pay, the world-leading fiat-crypto payment gateway, today announced that it has been granted a Money Transmitter License (MTL) in the state of South Carolina, marking a significant addition to its growing portfolio of regulatory approvals in the United States.


(PRNewsfoto/Alchemy Pay)

With the inclusion of South Carolina, Alchemy Pay now holds MTLs in ten U.S. states, including Arkansas, Iowa, Minnesota, New Hampshire, New Mexico, Oklahoma, Oregon, Wyoming, and Arizona. This milestone reflects Alchemy Pay’s sustained commitment to regulatory compliance and its strategic expansion within the U.S. financial landscape.

The Money Transmitter License, issued under the authority of the South Carolina Attorney General in accordance with the South Carolina Anti-Money Laundering Act, authorizes Alchemy Pay to conduct a wide range of regulated financial activities. These include electronic money transmission, issuing and selling stored value instruments, processing payments and remittances, foreign currency exchange, and other licensed money services. The license enables Alchemy Pay to lawfully offer its suite of fiat-crypto on-ramps and off-ramps within South Carolina’s jurisdiction.

This regulatory advancement comes at a time of accelerating clarity and progress in U.S. digital asset legislation. The recent passage of the GENIUS Act by the U.S. Senate, alongside increased institutional interest in real-world assets (RWA), marks a pivotal moment for the blockchain and fintech sectors. In this context, Alchemy Pay’s newly secured license is well-positioned to support its continued role as an on and off-ramp infrastructure provider and a key enabler of the emerging RWA ecosystem.

The South Carolina license represents another step in Alchemy Pay’s broader regulatory strategy, laying the groundwork for future initiatives such as its fiat-accessible RWA platform, which is expected to go live in August with the first batch of 60 tokenized stocks and ETFs in collaboration with Backed and xStocks. As Alchemy Pay continues to expand its global compliance footprint, these foundational licenses will support the seamless integration of innovative products that bridge traditional finance and Web3, ultimately enhancing accessibility to tokenized assets via familiar fiat payment methods.

Additionally, as Alchemy Pay moves to expand its payment service offerings, the growing regulatory coverage across the globe will support the company’s long-term goals, including the development of its native stablecoin and the launch of Alchemy Chain, a stablecoin-based layer-1 blockchain designed to power global payment applications.

Beyond its footprint in the U.S., Alchemy Pay continues to make notable progress in key jurisdictions worldwide. The company holds an Authorised Payment Institution (API) License in the United Kingdom, is registered as a Digital Currency Exchange Provider under AUSTRAC in Australia, and has obtained membership in Switzerland’s VQF, a FINMA-recognized Self-Regulatory Organisation (SRO). It also holds an MSB (Money Services Business) registration in Canada and maintains formal registration for electronic financial services in South Korea.

In addition, Alchemy Pay is actively pursuing compliance under Europe’s Markets in Crypto-Assets (MiCA) regulation and seeking key regulatory licenses in Hong Kong, further solidifying its global regulatory posture in anticipation of the next wave of Web3 financial infrastructure.

About Alchemy Pay

Founded in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off-Ramp, Web3 Digital Bank, NFT Checkout and its newly launched RWA platform, Alchemy Pay supports fiat payments in 173 countries.

The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The RWA platform allows global users to invest in tokenized real-world assets using local fiat currencies, lowering entry barriers and democratizing access to traditional financial instruments. Our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. Additionally, the NFT Checkout enables direct purchases of NFTs using fiat payment methods. ACH is the Alchemy Pay network token on the Ethereum blockchain.

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SOURCE Alchemy Pay

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BingX Takes the Lead in Offering Trading Services for Pump.fun ($PUMP)

PANAMA CITY, July 10, 2025 /PRNewswire/ — BingX, a leading cryptocurrency exchange and Web3 AI company, has become one of the first platforms to fully support the trading of $PUMP token, the native token of the viral Solana-based memecoin platform Pump.fun. Starting at 03:30 UTC on July 10, 2025, BingX users can trade $PUMP tokens via pre-TGE listing, with pre-launch futures trading launching at 06:20 UTC the same day. Additional trading features will be rolled out as market momentum continues to grow.

BingX Takes the Lead in Offering Trading Services for Pump.fun ($PUMP)

By offering pre-launch futures, BingX enables users to secure early access to $PUMP and leverage potential profits before the token’s official launch. Meanwhile, BingX launches pre-listing spot trading for $PUMP ahead of its Token Generation Event. Once $PUMP is officially listed, pre-TGE trades will seamlessly transition into standard spot trading.

Pump.fun has rapidly gained attraction as a cutting-edge launchpad for memecoins, allowing users to instantly create and trade tokens on the Solana blockchain without providing initial liquidity. Launched in 2024, Pump.fun has emerged as one of the most talked-about platforms in the digital asset space, praised for its ease of use, low barrier of entry, and viral appeal.

To mark the launch, BingX is introducing a special campaign running from July 10 to July 24, rewarding users with a total prize pool equivalent to 210,000 USDT for deposits and trades. This follows the success of BingX’s Pump.fun Xpool campaign in February, where users earned PUMPFUN points by depositing USDT, providing them early access to $PUMP tokens.

About BingX 

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.

For more information, please visit: https://bingx.com/ 

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PrimeXBT launches MT5 PRO account with superior conditions for high-volume traders

CASTRIES, Saint Lucia, July 10, 2025 /PRNewswire/ — PrimeXBT, a leading multi-asset broker, has launched its MT5 PRO account, a new offering tailored to traders who demand the most competitive trading conditions in the market. Built specifically for high-volume, strategy-driven trading, the PRO account unlocks tighter pricing, higher leverage, and greater flexibility across the 68 most liquid global instruments.

The MT5 PRO account features spreads as low as 0.5 pips on EUR/USD, 15 to 16 pips on Gold (XAU/USD), and approximately 20 USD on Bitcoin (BTC/USD). Crypto pairs are commission-free, and the margin stop-out level is set at 0%, offering traders significantly more room to operate in volatile markets. Leverage is available up to 1:2000, and there is a swap-free option for Islamic traders. Cashback is streamlined to 5% of spread costs, aligning the structure with the priorities of active traders.

PrimeXBT launches MT5 PRO account with superior conditions for high-volume traders (PRNewsfoto/PrimeXBT)

According to PrimeXBT, it continues to push the boundaries of what’s possible for retail and professional traders alike. The broker highlighted that the MT5 PRO account reflects its commitment to performance, providing clients with access to trading conditions that were once reserved for institutional desks, without compromising control, transparency, or execution quality.

The PRO account is offered alongside PrimeXBT’s Standard MT5 account, which is ideal for everyday traders and includes variable spreads, up to 1:1000 leverage, a 50% margin stop-out level, cashback of up to 20%, and access to a wider range of instruments. This account structure ensures flexibility for traders of all levels and styles.

As PrimeXBT continues to evolve its trading ecosystem, the launch of the MT5 PRO account marks another step forward in delivering best-in-class conditions and greater choice to traders worldwide.

To learn more, users can visit the PrimeXBT website.

About PrimeXBT

PrimeXBT is a global multi-asset broker trusted by over 1,000,000 traders in 150+ countries, offering a next-generation trading experience that bridges traditional and digital finance. Clients can trade CFDs on Stocks, Indices, Commodities and Crypto, as well as Crypto Futures and Forex. PrimeXBT also enables clients to buy and sell cryptocurrencies, store them in secure built-in wallets, and instantly exchange crypto to crypto or fiat to crypto, all within one integrated environment. Since 2018, PrimeXBT has made investing more accessible by lowering barriers to entry and providing secure, easy access to financial markets. This accessibility extends across its native web and mobile platforms, MetaTrader 5, and a variety of funding options in crypto, fiat, and local payment methods. Committed to putting clients first, PrimeXBT empowers traders of all levels with innovative tools and industry-leading conditions, delivering a better way to trade.

Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website / T&Cs. Some services or products may not be available in your jurisdiction. Some products and services, including MT5, may not be available in your jurisdiction. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.

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Contact
PrimeXBT
pr@primexbt.com

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WSPN Website Expands to Full Platform, Showcasing Enterprise-Ready Stablecoin Infrastructure

TORTOLA, British Virgin Islands, July 9, 2025 /PRNewswire/ — Following its homepage redesign in May, Worldwide Stablecoin Payment Network (WSPN, collectively referring to the WSPN Group of entities) today announced a significant expansion of its website into a comprehensive platform showcasing the company’s complete operations, solutions, ecosystem, and regulatory framework. This marks a key step in WSPN’s evolution from innovative concept to enterprise-grade payment infrastructure provider.

The enhanced Solutions section showcases WSPN’s full product suite, highlighting the company’s growth beyond basic stablecoin offerings. This includes WUSD, the flagship 1:1 USD-pegged stablecoin, alongside the Global Treasury Platform, the Adaptive Payments Network with its Wallet-as-a-Service and API infrastructure, and the On-Chain Financial Suite with advanced institutional capabilities. This portfolio caters to both individual users and institutions building sophisticated financial applications.

A new Transparency section provides clear visibility into WSPN’s global compliance and regulatory approach, detailing the company’s licensing strategy across key jurisdictions. This transparency reinforces WSPN’s operational scale, processing over $10 million in daily transactions for more than 600 institutional clients.

The Ecosystem section demonstrates WSPN’s real-world impact with partner showcases and case studies, highlighting successful implementations across various industries and geographies. It also outlines partnership opportunities, underscoring WSPN’s commitment to collaborative growth.

Finally, the Company section provides comprehensive information about WSPN’s mission, vision, and values, along with corporate resources, reinforcing the company’s foundation and commitment to reshaping digital payments.

The platform maintains WSPN’s core operational strengths: sub-5-minute mint/burn operations, 24/7 lossless swaps, and multi-chain availability. The enhanced documentation and developer-friendly resources solidify WSPN’s position as a leading infrastructure provider for building scalable fintech solutions.

Visit www.wspn.io to explore the expanded platform.

About WSPN

WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users. WSPN’s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.

Learn more: www.wspn.io | X | LinkedIn 

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SOURCE WSPN

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