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 SINGAPORE, July 1, 2024 /PRNewswire/ — Paxos, the leading regulated blockchain & tokenization…