Crypto.com collaborates with DBS to enhance fiat capabilities in Singapore
Singapore-based Crypto.com announced Thursday a strengthening of its fiat payment capabilities with DBS Bank, Singapore’s largest bank by assets.
This highlights Crypto.com’s commitment to working with leading banks to deliver secure, regulated services under the Monetary Authority of Singapore’s (MAS) framework, the duo said in a statement.
According to the statement, Crypto.com users in Singapore may now deposit SGD and USD through an additional set of banking rails facilitated by DBS, reinforcing the platform’s strategy of strengthening fiat payment channels to include multiple deposit and withdrawal options.
In addition, DBS will provide Crypto.com with the ability to create client money accounts for its…
