Paxos Secures Full Approval to Offer Digital Payment Token Services from Monetary Authority of Singapore; DBS to be Primary Banking Partner
Paxos to issue a stablecoin that is substantively compliant with MAS’ upcoming stablecoin framework DBS selected as primary banking partner for cash management and custody of stablecoin reserves Paxos, the leading regulated blockchain & tokenization infrastructure platform, received full approval from the Monetary Authority of Singapore (MAS) for its Singapore entity, Paxos Digital Singapore Pte. Ltd. to offer digital payment......