Singapore

Highlights: Paxos launched USDG, a US dollar-backed stablecoin, under Singapore’s regulatory framework. The stablecoin is developed with DBS Bank, which manages USDG reserves and cash. USDG aims to enhance global stablecoin adoption for both crypto and regulated institutions. Digital assets […]

Highlights: Gemini gets Preliminary Approval from MAS to provide digital payment token services in Singapore. The exchange plans to double its Singapore workforce, highlighting the market’s importance. Singapore is Gemini’s second-largest market after the U.S., central to its Asia-Pacific plan. […]

Highlights: DBS bank launches DBS Token Services combining blockchain with traditional banking to optimize institutional transaction efficiencies. Treasury Tokens, Conditional Payments, and Programmable Rewards are key offerings of DBS’s new suite. The service allows 24/7 instant settlements and improves liquidity […]

Highlights: Singapore’s DBS has announced plans to introduce structured notes, Bitcoin, and Ethereum options trading for users. The banking firm’s latest decision aims to drive crypto adoption by providing unique and exciting trading experiences. DBS’s proposed plans imply that it […]