Kraken parent adds 24/7 dollar settlement with Singapore Gulf Bank

The partnership will enable select institutions in Asia and the Gulf region to instantly settle US dollar transactions through the bank’s SGB Net
Key Takeaways
- The partnership will enable select institutions in Asia and the Gulf region to instantly settle US dollar transactions through the bank’s SGB Net
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinTelegraph. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation

5 Indicted in France Over Alleged $2M Crypto Aid to Hamas
French and U.S. law enforcement have dismantled an international network of non-profit associations accused of using humanitarian aid appeals to divert over $2 million to Hamas’ military wing between 2020 and 2026. French Arrests and U.S. Sanctions A joint…

Kraken operator Payward and Singapore Gulf Bank platform for 24/7 institutional crypto settlement
The two firms will initially roll out the digital assets settlement service to select institutional clients in Asia and the Gulf region with around-the-clock U.S. dollar settlement.

Circle and Tether find common ground against MiCA’s bank reserve rules
Its longer-term proposal would require Commission equivalence and EBA issuer recognition before distribution through a locally licensed institution. The post Circle and Tether find common ground against MiCA’s bank reserve rules appeared first on CryptoSlate.