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Financial Institutions Show High Interest In Sygnum’s For Crypto Transactions


by CoinEdition
  • Sygnum AG noticed significant interest in crypto transactions from financial institutions.
  • Bloomberg says Sygnum’s new brokerage business in Singapore might benefit from increased demand.
  • Sygnum CEO to offer crypto custody & broker-dealer services in Singapore.

Sygnum, which operates a digital-asset bank in Switzerland and provides asset management services in Singapore is witnessing significant interest in cryptocurrency transactions from various financial entities such as fund houses, family offices, and institutions.

According to Bloomberg, this surge in demand is anticipated to enhance the revenues generated by their newly established brokerage business in Singapore.

Sygnum AG has recently obtained preliminary approval from the Monetary Authority of Singapore. This approval grants them a license to offer digi…

The post Financial Institutions Show High Interest In Sygnum’s For Crypto Transactions appeared first on Coin Edition.

Read the article at CoinEdition

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Financial Institutions Show High Interest In Sygnum’s For Crypto Transactions


by CoinEdition
  • Sygnum AG noticed significant interest in crypto transactions from financial institutions.
  • Bloomberg says Sygnum’s new brokerage business in Singapore might benefit from increased demand.
  • Sygnum CEO to offer crypto custody & broker-dealer services in Singapore.

Sygnum, which operates a digital-asset bank in Switzerland and provides asset management services in Singapore is witnessing significant interest in cryptocurrency transactions from various financial entities such as fund houses, family offices, and institutions.

According to Bloomberg, this surge in demand is anticipated to enhance the revenues generated by their newly established brokerage business in Singapore.

Sygnum AG has recently obtained preliminary approval from the Monetary Authority of Singapore. This approval grants them a license to offer digi…

The post Financial Institutions Show High Interest In Sygnum’s For Crypto Transactions appeared first on Coin Edition.

Read the article at CoinEdition

Read More

MemeCore (M) Keeps Pumping by Double Digits, Bitcoin (BTC) Struggles at $111K: Weekend Watch

MemeCore (M) Keeps Pumping by Double Digits, Bitcoin (BTC) Struggles at $111K: Weekend Watch

M is up by 200% in the past week.
SEC and CFTC Push for 24/7 Trading Adaptation

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Detail: https://coincu.com/markets/sec-cftc-propose-247-trading/