DBS Vickers receives approval to provide digital payment token services

The decision marks a new milestone in the bank’s asset digitalisation strategy.
DBS Vickers receives approval to provide digital payment token services
By Sara Velezmoro
Oct 6, 2021
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DBS Vickers (DBSV), the brokerage arm of Singapore-headquartered DBS Bank, has received formal approval from Singapore’s Monetary Authority (MAS) to provide digital payment token services in the city-state, it announced in a statement on Friday (October 1).

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Banks & Service ProvidersTreasury
cryptocurrenciesdbsdbs vickersdigital payment tokendigital paymentsmonetary authority of singaporepayment services act 2019singapore
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