Paxos Floats New Stablecoin USDG In Singapore

🚀 Stay Ahead with AltcoinDaily.co! 🌐 Paxos, a blockchain giant, has introduced its latest stablecoin, Global Dollar (USDG) in Singapore. This launch comes as the city-state gears up for a stringent regulatory framework on stablecoins. USDG reflects Paxos’s mission to combine secure compliance with innovative digital finance solutions. This strategic release marks a significant leap…

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Singapore’s DBS Bank integrates Ethereum-compatible tech for institutional finance

Singapore’s DBS Bank has introduced a blockchain-driven banking service for institutional investors, featuring tokenization and smart contract capabilities. On Oct. 18, the leading financial institution stated that its DBS Token Services is designed to enhance transaction banking and improve operational efficiency for its institutional clients. DBS Token Services According to the bank, DBS Token Services…

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DBS To Launch Bitcoin Options Trading for Institutional Investors

🚀 Stay Ahead with AltcoinDaily.co! 🌐 DBS, the biggest bank in Singapore, has officially announced that it will introduce over-the-counter (OTC) trading options and structured notes. This new initiative will be linked to Bitcoin (BTC) and Ethereum (ETH) and exclusive to institutional investors and wealthy clients.  Remarkably, this advancement makes DBS the first Asian bank…

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