š Stay Ahead with AltcoinDaily.co! š 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 Paxosās mission to combine secure compliance with innovative digital finance solutions. This strategic release marks a significant leap…
Singaporeās 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…
CSAO region becomes global crypto hub with India, Singapore, and Indonesia leading the charge ā Chainalysis Adoption 7 days ago India, Singapore, and Indonesia are transforming the crypto landscape with strong adoption, innovative payment solutions, and explosive trading activity. Source link
š Stay Ahead with AltcoinDaily.co! š 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.Ā Remarkably, this advancement makes DBS the first Asian bank…
Several traditional banks have been embracing the digital wave by testing cryptocurrency water. Singaporeās largest bank, DBS, has joined the ranks of its counterparts as it announced the launch of over-the-counter (OTC) Bitcoin (BTC) and Ethereum (ETH) options trading as well as structured notes. The bankās institutional clients will be able to employ this service…