Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody

Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody

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Source: Coindesk.com

Digital asset company Paxos received Monetary Authority of Singapore approval to offer digital payment token services, enabling it to issue stablecoins. DBS will be the company's banking partner for cash management and the custody of its stablecoin reserves.

Digital asset company Paxos said it received full approval from the Monetary Authority

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The post "Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody" appeared first here Coindesk.com.

Source: Coindesk.com

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