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$1 Billion in Stablecoin Transactions: Singapore’s Surging Q2 2024 Breakthrough
In the dynamic landscape of financial technologies, Singapore shines brightly, revealing nearly $1 billion in stablecoin payments in Q2 2024. This significant figure underscores the city-state’s burgeoning role in the global digital asset arena, driven by its advanced financial regulations. With an embrace of both stablecoins and bitcoin, Singaporean businesses and individuals are at the…
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Hex Trust Gains MPI License from Singapore’s MAS for Enhanced Operations
The Dawn of a New Era in Fintech Innovation: Hex Trust’s Latest Triumph In the rapidly evolving world of finance and technology, a remarkable development unfolded as Hex Trust, a leader in institutional crypto custody, secured a pivotal achievement. The Monetary Authority of Singapore (MAS), recognizing Hex Trust’s commitment to excellence, granted it in-principle approval…
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DBS, Singapore’s Biggest Bank, Experiences Growth in Digital Exchange Operations
The Remarkable Rise of Digital Exchanges: A Glimpse into DBS’s Success Digital exchanges are increasingly becoming a hotspot for the forward-thinking investor, and the evidence is in the thriving ecosystem of DBS Digital Exchange. As the largest bank in Singapore, DBS has managed to triple its digital payment tokens’ trading volume in just the first…