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Techub News reported, according to Tech in Asia, cryptocurrency exchange Crypto.com has expanded fiat currency payment options for Singapore users, who can now deposit and withdraw Singapore Dollars and US Dollars via DBS Bank. DBS Bank will allow Crypto.com to establish client money accounts. Crypto.com stated this move will accelerate the transfer speed of SGD and USD within the app and claimed its services comply with the regulatory framework of the Monetary Authority of Singapore (MAS).
Techub News reports, according to The Data Nerd monitoring, an address labeled as DBS Bank Singapore received 2,000 ETH, worth approximately $6.27 million, from an address labeled as suspected GSR Markets 7 hours ago.
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