Blockchain Press Releases
Request Finance acquires Pay.so Lithuania; launches revolutionary one-click crypto/fiat payment solution.
The acquisition allows clients to compliantly make payments to third parties, pay bills, and pay employees with a one-click on/off ramp feature.
PARIS, Nov. 25, 2024 /PRNewswire/ — Request Finance, a leader in crypto and fiat financial operations, has announced its acquisition of Pay.so Lithuania, a regulated VASP. The acquisition enables Request Finance to provide a fully compliant, one-click on/off ramp payment solution that bridges crypto and fiat, streamlining global transactions for businesses of all sizes. Now, Request provides a multi-payee on/off ramp, consolidating its position as the one-stop shop for all finance operations of businesses of all sizes.
Pay.so Lithuania operates under one of the strongest and most reliable regulatory frameworks for companies providing services on digital assets. Pay.so has grown tenfold in just nine months, solidifying its position as a key partner for significant corporations adopting digital currencies. With one of the broadest currency coverages in the market, Pay.so has been providing Request Finance’s clients with fiat payouts in a wide range of currencies for several months now, including USD, EUR, GBP, AUD, CHF, SGD, NZD, THB, HKD, IDR, CAD, INR, AED, KRW, JPY, MYR, and PHP.
By acquiring its trusted long-term partner, Request Finance now powers the smoothest Fiat2Crypto onramps and Crypto2Fiat offramps for $100 to $100 million transactions.
This acquisition brings uniquely powerful on/off ramp for its clients, as simple as in one click. Clients can now make offramps and onramps to and from third parties. This applies to direct payments, multi-payee bill payments, and employee payments.
Chris Butcher, CEO of Pay.So US, commented, “The acquisition of this regulated Lithuanian entity puts Request in a prime position to double down on fiat payments and extend its lead as the number one crypto accounting and payment solution.”
Cameron Butcher, CTO of Pay.so US, added, “Request has inherited a unique platform, processing millions of dollars of volume daily, on local payment rails worldwide, all while maintaining airtight compliance”.
Valentin Faye, Head of Legal & Compliance at Request Finance, added, “Acquiring a VASP and pursuing MiCA compliance is essential for building trust and long-term growth in our digital finance landscape. We ensure that our operations meet the highest security and transparency standards and that our clients transact confidently across borders in full compliance with regulations. This positions us to support the largest enterprises as they adopt digital currencies. Plus, offering our users the first in a long line of regulated services enables them to manage all their operations with and from our platform.”
Christophe Lassuyt, CEO of Request Finance, mentioned, “This is a game changer for Request Finance which now supports a broad range of hybrid businesses, from those who want to earn revenues in digital currencies without touching crypto, with no crypto on the balance sheet, to those who run compliant finances without a bank account“.
Check out what finance leaders say about Request Finance’s new feature:
- Diego Casanova, Sr Finance Operations Analyst at Decentraland Foundation, mentioned: “We have been using Request Finance since 2022 to streamline our crypto payments. One of the most valuable features for us has been the batch payment option, which simplifies complex transactions. A few months ago, we were introduced to a new feature within the platform, allowing us to make seamless fiat payments using crypto through its off-ramp services. Since then, our experience has been outstanding, with consistent support from the Request Finance team, always attentive to our needs and inquiries.”
- Daniel Lustig, Head of Operations and BI at Ocean Protocol, added: “Since the Request team introduced crypto-to-fiat payments, our workflow has become incredibly streamlined. The new solution has enabled us to handle both crypto and fiat transactions seamlessly, allowing us to focus more on our core business without worrying about complex conversions and payment tracking. It’s been a game-changer for our team, providing a new level of transparency we’ve been looking for. Needless to say our auditors love it, too.”
- Krisztin Lipárdi, COO at Galaxis.xyz, highlights that “Request Finance has honestly changed the way how I at Galaxis handle payments. Earlier I had to use several platforms and I had to separate Crypto and Fiat payments. Seeing all the invoices at one place and the Crypto to Fiat feature has made my life so much easier. The multi-currency options are perfect for my clients across the globe. I really wouldn’t want to go back to anything else!”
About Request Finance:
Request Finance‘s mission is to enhance crypto adoption by compliant businesses. The all-in-one finance platform for crypto and fiat operations already offers Accounts Payable, Accounts Receivable, Accounting, and direct payments to 190+ countries.
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View original content:https://www.prnewswire.co.uk/news-releases/request-finance-acquires-payso-lithuania-launches-revolutionary-one-click-cryptofiat-payment-solution-302295754.html
Blockchain Press Releases
Bybit’s CEO Meets with Vietnam’s Minister of Finance to Support Regulatory Sandbox and Strengthen Crypto Compliance
DUBAI, UAE, April 19, 2025 /PRNewswire/ — Ben Zhou, Co-founder and CEO of Bybit, one of the world’s second-largest cryptocurrency exchanges by trading volume, met with H.E. Nguyen Van Thang, Minister of Finance of Vietnam, to express Bybit’s strong support for the country’s regulatory sandbox initiative and its vision to build a safe, transparent, and innovation-friendly digital asset ecosystem.
Hosted at the Ministry of Finance headquarters, the meeting centered on Vietnam’s efforts to establish a comprehensive legal framework for crypto assets. Minister Nguyen Van Thang outlined the Government’s plan to launch a pilot sandbox mechanism that will allow regulators to test the issuance and trading of crypto assets in a controlled environment. This initiative is designed to mitigate risks, strengthen investor protection, and ensure regulatory readiness before introducing official legislation.
A key part of the discussion focused on safeguarding the market against illicit activities. The Minister emphasized the importance of robust compliance frameworks, including Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols, to prevent the misuse of digital assets and support the country’s financial security.
In response, Ben Zhou welcomed Vietnam’s measured and responsible approach to digital asset regulation and reiterated Bybit’s long-standing commitment to compliance:
“Vietnam’s forward-thinking regulatory sandbox is a critical step toward unlocking the full potential of blockchain technology. At Bybit, we are fully aligned with the Government’s focus on investor protection and financial integrity,” said Ben Zhou, Co-founder and CEO of Bybit. “We are proud to share our expertise in KYC, AML, and global compliance standards, and we look forward to supporting Vietnam in building a resilient, secure, and dynamic crypto economy.”
Bybit expressed its readiness to collaborate with Vietnamese authorities on several fronts, including system architecture design, transaction oversight, and the implementation of international best practices in AML/KYC. The exchange also proposed support in capacity building, such as training financial regulators and sharing experiences from other jurisdictions.
Minister Nguyen Van Thang welcomed Bybit’s proactive approach and assigned the State Securities Commission to coordinate with Bybit on concrete proposals. He also commended Bybit’s reputation for strong financial capabilities, technological resilience, and its adherence to legal and regulatory requirements in the markets where it operates.
This meeting underscores Bybit’s growing role as a trusted international partner for regulatory dialogue and innovation. It also highlights Vietnam’s readiness to embrace blockchain technology while ensuring financial safety and public confidence in the digital asset space.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/bybits-ceo-meets-with-vietnams-minister-of-finance-to-support-regulatory-sandbox-and-strengthen-crypto-compliance-302432942.html
DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is making waves with its latest trading showdown: Crypto Surf: Ride the Waves with Trailing Stops. This high-octane competition invites traders to rally behind either copy trading or trading bots, battling it out for their share of a prize pool worth up to $250,000 in USDT.
Running from April 18 to May 19, 2025, at 12 a.m. UTC, the event introduces a squad-based structure where users choose their camp, trade strategically, and compete across PnL, ROI and trading volume leaderboards. With a dynamic reward structure, participants can also win by predicting which squad will come out on top.
Prize Pool Distribution Highlights:
- 40% to the champion squad
- 30% to the runner-up
- 25% to the top 100 individual traders by volume
- 5% to users who correctly predict the winning squad
The event brings together the best of both worlds: the strategic finesse of copy trading and the automated power of trading bots. It celebrates innovation, user choice, and the thrill of crypto trading.
Participants must hold a minimum wallet balance of $1,000 in USDT, generate at least $10,000 in squad volume, and complete identity verification Level 1 to qualify. Users can only register for one squad and vote once to predict the winner. Rewards will be distributed within 14 business days of the event’s completion.
The total prize pool will scale in line with event volume milestones, starting at $1.2 billion and unlocking up to $2 billion in traded volume for the full $250,000 in USDT.
Bybit continues to redefine the competitive trading landscape – bringing fun, strategy and serious rewards to its global community.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-launches-crypto-surf-copy-traders-and-bots-battle-for-250k-usdt-302432444.html
Blockchain Press Releases
Tomorrowland Brasil 2025 General Sale in Full Swing — Exclusive Cashback for Bybit Cardholders
DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, highlights that general ticket sales for Tomorrowland Brasil 2025 are currently ongoing, with exclusive benefit available to Bybit Card and Bybit Pay eligible users such as 20% cashback.
The Bybit Card is designed for global use and supports both fiat currencies—ARS, BRL, EUR, USD—and a wide selection of cryptocurrencies. Integrated with Apple Pay, Google Pay, and Samsung Pay, it offers users up to 10% cashback on everyday purchases, 8% APR through Auto-Savings, free worldwide delivery, and $100 in monthly ATM withdrawals at no cost—without any annual fees.
Returning to the vibrant setting of Parque Maeda in Itu, São Paulo, Tomorrowland Brasil 2025 will take place from October 12 to 14, promising three days of music, imagination, and cultural exchange. Famed for its theatrical stages, global audience, and meticulously curated lineup, Tomorrowland is more than a festival—it’s a world of its own. With each edition, it transforms into a breathtaking playground of light, sound, and storytelling, drawing music lovers from over 100 countries to celebrate unity through electronic music.
This year’s Brazilian edition will feature performances from some of the world’s most sought-after artists, including David Guetta, Armin van Buuren, Vintage Culture, Mind Against, Steve Aoki, James Hype, Alesso, Nervo, and I Hate Models. Special acts include Alok’s “Something Else” concept, ANNA b2b Vintage Culture, and a powerful b2b set from Matisse & Sadko and Third Party. With more names still to be revealed, the event is shaping up to be one of the strongest editions yet.
“Tomorrowland Brasil is one of those rare experiences that transcends music—it creates lasting memories and connects people from every walk of life,” said Joan Han, Head of Payment business unit at Bybit. “We’re proud to support this global celebration by offering our users exclusive benefits that make it easier to be part of something truly unforgettable.”
Tomorrowland Brasil continues to be a beacon of creativity, community, and connection, standing at the intersection of music, technology, and art.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
About TOMORROWLAND BRASIL
Tomorrowland Brasil 2025 will take place on October 10-12 in the beautiful festival area of Parque Maeda in Itu, a municipality in São Paulo. The festival will revolve around the mesmerizing ‘LIFE’ theme, set against the backdrop of Brazil’s enchanting natural beauty. A story set in the mythical realm of Silvyra, it’s a world unto its own, filled with creatures, plant life, and people living in harmony, each with their own stories, with the diversity of Silvyra’s lush nature represented in the spectacular ‘LIFE’ Mainstage. Offering the ultimate escape from the city during three days of bliss, guests will be treated to breathtaking performances by more than 150 of the world’s finest electronic artists across 6 mesmerizing stages.
The first two festival editions of Tomorrowland Brasil took place in 2015 and 2016 in the beautiful festival area of Parque Maeda in Itu, São Paulo. After years of dreaming of a return, Tomorrowland finally headed back to Brazil in 2023, becoming a yearly highlight once again.
Tomorrowland Brasil 2025
October 10-12, 2025
Parque Maeda, Itu
brasil.tomorrowland.com
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View original content:https://www.prnewswire.co.uk/news-releases/tomorrowland-brasil-2025-general-sale-in-full-swing–exclusive-cashback-for-bybit-cardholders-302432402.html
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