CoinPayments Boosts Asia Operations: Aaron Budiman Appointed Regional Director

CoinPayments announced a significant strategic move for the Asia-Pacific market on October 7, 2026. By appointing Aaron Budiman as Asia Pacific Regional Director, the company is signaling its expansion plans in one of the world's most dynamic economic regions. Budiman will operate from Singapore and will be responsible for massively expanding the network of merchants and partners. A particular focus of his work will be on promoting stablecoins for cross-border payments between businesses and financial institutions.

This decision comes at a time when digital assets are experiencing an unprecedented boom in Asia. Budiman brings years of experience in how digital assets can be used to shorten settlement times, lower transaction costs, and increase transparency in global money transfers. For the crypto industry, this represents another step toward mainstream adoption, as CoinPayments already provides one of the most established infrastructures worldwide. The focus on stablecoins is no coincidence, as they offer greater security for daily business transactions compared to volatile cryptocurrencies.

Numbers and facts

The scale at which CoinPayments operates is impressive. Since its founding in 2013, the provider has processed a transaction volume of more than $50 billion. The ecosystem now includes over one million crypto wallet users and more than 250,000 merchants worldwide who accept digital payments through the platform. The growth rates in the Asia-Pacific region are particularly noteworthy. According to data from the Organization for Economic Co-operation and Development (OECD), Asia saw a 69 percent year-on-year growth rate in blockchain-based crypto-asset transactions between June 2024 and June 2025. This was the highest rate among all regions.

"I am thrilled to be joining COINPAYMENTS at such a pivotal stage of its growth journey. The Company’s commitment to enabling businesses and consumers to send, receive, and manage digital currencies easily and securely is second to none." - Aaron Budiman, Asia Pacific Regional Director at CoinPayments

Alex Alexandrov, Group CEO and Founder of CoinPayments, also emphasizes the importance of the appointment. He notes that Budiman has a deep understanding of the diverse regulatory landscapes in Asia. This is crucial for building a compliant and scalable payment infrastructure that meets the growing demands of the market.

Background

The digital payments market has changed significantly in recent years. While cryptocurrencies were once often seen as purely speculative objects, functional applications are now moving to the forefront. Stablecoins, which are often pegged to the US dollar, play a key role here. They combine the speed of blockchain technology with the stability of traditional currencies. CoinPayments positions itself here as an intermediary that lowers the technical hurdle for companies. The appointment of Budiman is a reaction to the fact that market requirements in Asia are becoming increasingly sophisticated and require a robust infrastructure.

Why it matters for German players

For German players, the situation regarding cryptocurrencies in online casinos remains strictly regulated. Anyone playing in a casino with a license from the Gemeinsame Glücksspielbehörde der Länder (GGL) will find that crypto payments are not currently part of the standard repertoire. The State Treaty on Gambling 2021 (GlüStV 2021) sets high hurdles for player protection and the fight against money laundering. A central element is the LUGAS system, which limits deposits to 1,000 euros per month across all providers. Since cryptocurrencies like stablecoins are often harder to assign to a natural person than traditional bank transfers or credit card payments, German regulation is hesitant to approve them. Players should therefore make sure to only deposit with providers on the GGL whitelist. There, the maximum stake of 1 euro per spin and clear rules on addiction prevention apply. However, the expansion of CoinPayments in Asia shows where the global journey is headed, even if Germany is currently following a very conservative path.

What it means for GGL-licensed casinos

German operators with a GGL license are closely watching such international developments. While providers with licenses from Malta (MGA) or Curacao often aggressively promote crypto bonuses, licensed German casinos must strictly adhere to transparency requirements for payment flows. An integration of services like CoinPayments would only be conceivable in Germany if full identity verification (KYC) and connection to the OASIS exclusion file and the LUGAS limit control system were guaranteed without gaps. For now, paying with stablecoins in legal German online gaming halls remains a thing of the future. However, technological development in Asia could in the long term increase pressure on European regulatory authorities to allow safer and more modern payment methods within a controlled framework, so as not to further fuel the black market.