Crypto.com and DBS Bank Launch Fast SGD & USD Transfers in Singapore

Crypto.com and DBS Bank have partnered to enable fast, secure SGD and USD deposits and withdrawals for Singapore users, improving transaction speed, security, and regulatory compliance.

Crypto.com has entered a strategic partnership with DBS Bank to enhance fiat payment capabilities in Singapore. This collaboration enables users to deposit and withdraw Singapore Dollars (SGD) and US Dollars (USD) directly through DBS, offering faster and more secure transactions. The integration introduces dedicated client money accounts, ensuring customer funds are held separately for added security and regulatory compliance. The partnership operates under the Monetary Authority of Singapore’s framework and complements Crypto.com’s existing banking relationships, providing multiple pathways for fiat on-ramps and off-ramps. These enhancements are designed to improve user experience, increase accessibility, and support the broader adoption of digital assets in Singapore. The move aligns with Crypto.com’s strategy to strengthen its regulated fiat payment infrastructure and expand its retail offerings in the region, positioning Singapore as a key hub for its growth.