News with the tag "DBS"

California resident Ken Liem has accused three banks of failing to perform adequate checks that could have blocked the scammers from opening accounts in the first place.

Blockchain infrastructure company Paxos, in conjunction with Singaporean bank DBS, has introduced a new stablecoin known as Global Dollar (USDG). This development comes four months after Paxos secured approval to offer digital payment token services as a Major Payments Institution (MPI). Related Rea...

Paxos has launched the new USDG Stablecoin in partnership with DBS to comply fully with the Singapore regulations The post Paxos Floats New Stablecoin USDG In Singapore appeared first on TheCoinrise.com .

Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework.

DBS Token Services marks a significant milestone in the integration of blockchain technology within traditional banking frameworks. Singapore’s largest bank by assets, DBS Bank, has officially launched “DBS Token Services,” a comprehensive suite of blockchain-based offerings tailored for institution...

The DBS Token Services platform leverages the bank's Ethereum Virtual Machine-compatible, permissioned blockchain.

DBS Bank, the largest bank in Singapore by assets, has rolled out a suite of new services dubbed…

The Singaporean banking giant wants to help clients optimize liquidity management and streamline operational workflows.

DBS Bank has launched its “DBS Token Services” for real-time blockchain payment settlements, using smart contracts for enhanced security and transparency.

The United States is lagging behind crypto-friendly regions like Singapore and the UAE, but there’s still a chance it can catch up, says Ripple APAC MD Fiona Murray.