AMBCrypto • October 6th 2026, 1:35 PM
PassimPay secures MSB registration and expands crypto payment infrastructure to 122 countries
Key Summary
PassimPay, a crypto payment gateway, has secured MSB registration with FINTRAC, expanding its crypto payment infrastructure to 122 countries and supporting 74+ cryptocurrencies. The registration provides regulatory transparency and a verifiable reference for merchants and partners.
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Key Takeaways
- PassimPay secures MSB registration with FINTRAC, expanding its crypto payment infrastructure to 122 countries.
- The registration provides regulatory transparency and a verifiable reference for merchants and partners.
- PassimPay supports 74+ cryptocurrencies with processing fees starting from 0.5% and automatic conversion options for settlement in stablecoins or fiat.
Market & Token Impact
- The MSB registration is expected to increase confidence in PassimPay's services, making it a more attractive option for merchants and partners.
- The expansion of crypto payment infrastructure to 122 countries may lead to increased adoption of cryptocurrencies in these regions.
- The support for 74+ cryptocurrencies may attract more merchants and partners to use PassimPay's services.
Broader Context & What's Next
- The MSB registration is a significant milestone for PassimPay, demonstrating its commitment to regulatory compliance and transparency.
- The expansion of crypto payment infrastructure to 122 countries may lead to increased competition in the market, driving innovation and improvement in services.
- PassimPay's focus on security and regulatory compliance may set a new standard for crypto payment gateways in the industry.
#PassimPay#CryptoPaymentGateway#MSBRegistration