SINGAPORE, Nov 20 — Cryptocurrency exchange OKX said on Monday it would offer instant Singapore dollar-denominated deposits and withdrawals to customers in the city-state, taking...
Two Malaysians hurt in Singapore crash on Seletar Expressway, one in critical condition following collision with trailer; driver arrested for careless driving
Oops! Was that yuan or won? Chinese woman accidentally pays RM37,000 for hotel room due to currency mix-up on AirbnbOKX said the funds transfer service will be facilitated by Singapore’s biggest bank DBS Group and done via the country’s PayNow and Fast and Secure Transfers payment services.
In an emailed comment to Reuters, Evy Theunis, head of digital assets, institutional banking group at DBS said: “DBS has been actively fostering a responsible and innovative digital asset ecosystem in Singapore for several years now. Working with OKX deepens the bank’s wide-ranging involvement in this space.”
That has sent bitcoin on a tear, with the world’s largest cryptocurrency surging above US$90,000 for the first time on record and gaining some 30 per cent for the month thus far.
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