Tagged: Singapore Gulf Bank

Singapore Gulf Bank Launches Stablecoin Mining Service As Banks Deepen Digital Asset Push

Financial institutions are moving further into blockchain-based settlement infrastructure, with Singapore Gulf Bank (SGB) launching a stablecoin minting and redemption service aimed at corporate and high-net-worth clients. The Bahrain-based lender said the new offering enables clients to convert fiat currencies into digital tokens, and vice… Read More

Singapore Gulf Bank Introduces Fiat/Stablecoin Interoperability

Singapore Gulf Bank, a fully licensed bank backed by Whampoa Group and Mumtalakat, has announced what it claims is a GCC and Asian industry first bank-operated network delivering full interoperability between fiat and stablecoins. This represents an evolution of SGB Net, its proprietary real-time clearing… Read More

Singapore Gulf Bank Gains J.P. Morgan Clearing Network Access

Singapore Gulf Bank has further strengthened its relationship with J.P. Morgan by opening a correspondent banking account, granting it direct access to one of the world’s most established USD clearing networks. The collaboration fortifies Singapore Gulf Bank’s existing network of correspondent banks and payment systems,… Read More

Singapore Gulf Bank to Leverage Fireblocks Infrastructure

Fireblocks, an enterprise platform for secure digital asset custody, settlement, trading operations, and stablecoin payments, this week announced that Singapore Gulf Bank, a fully licensed digital wholesale bank regulated by the Central Bank of Bahrain, will leverage Fireblocks’ digital asset infrastructure to support secure treasury… Read More

Send this to a friend