The Crypto Show

Banks Embracing Crypto: Asia (Part 4/5)


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Standard Chartered, DBS, and ZA Bank are prominent banks in Asia that have embraced the rapidly expanding crypto industry. Standard Chartered supports digital-asset firms in Singapore, Hong Kong, and the United Arab Emirates by offering banking services and assisting with on- and off-ramping. DBS, Singapore's largest bank, bridges the gap between traditional banking and digital assets through its digital platform, providing on- and off-ramping services to corporate and institutional clients. ZA Bank, Hong Kong's largest virtual bank, plans to offer token-to-fiat currency conversions and acts as a settlement bank for clients, providing on- and off-ramping services through licensed exchanges. These banks' initiatives contribute to the maturation and mainstream acceptance of cryptocurrencies in Asia's financial market.

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The Crypto ShowBy Steven Thomas