Crypto.com Expands Singapore Fiat Access Through DBS Bank Partnership
Crypto.com has deepened its foothold in Singapore’s digital asset ecosystem by integrating DBS Bank’s payment rails. The collaboration enables SGD and USD transfers for app users, leveraging the city-state’s largest bank to streamline deposits and withdrawals. This dual-banking framework—supplementing Crypto.com’s existing partnership with Standard Chartered—reduces single-point dependencies while accelerating settlement times through client money accounts.
‘Singapore remains pivotal to our global strategy,’ said Chin Tah Ang, Crypto.com’s Singapore GM. The move aligns with MAS regulations and mirrors the industry’s broader shift toward institutional-grade infrastructure. Notably, the partnership avoids direct crypto exposure for DBS, focusing instead on fiat channels—a measured approach in a market where banks remain selective about blockchain engagements.
