Crypto.com Partners with DBS to Enhance SGD and USD Transactions
- Crypto.com has partnered with DBS Bank to improve Singapore Dollar (SGD) and United States Dollar (USD) deposit and withdrawal options for users in Singapore.
- The collaboration allows Crypto.com customers to use additional banking rails and unique virtual accounts, enhancing fiat payment convenience under the regulatory framework of the Monetary Authority of Singapore.
- This partnership aims to strengthen Crypto.com’s regulated fiat payment offerings, simplify access to its products for local users, and advance crypto adoption across Asia.
- DBS is recognized as the largest bank in Southeast Asia, providing significant infrastructure support for this initiative.
Crypto.com has expanded its fiat payment capabilities in Singapore through a strategic partnership with DBS Bank. This collaboration facilitates seamless SGD and USD transactions for users, leveraging DBS’s extensive banking infrastructure under MAS regulations.
Source (3.2)https://cryptobriefing.com/crypto-com-dbs-partnership-singapore/?rand=59535
