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<ul class="news-points"> 
 <li>Sygnum AG noticed significant interest in crypto transactions from financial institutions.</li> 
 <li>Bloomberg says Sygnum’s new brokerage business in Singapore might benefit from increased demand.</li> 
 <li>Sygnum CEO to offer crypto custody &amp; broker-dealer services in Singapore.</li> 
</ul> 
Sygnum, which operates a digital-asset bank in Switzerland and provides asset management services in Singapore is witnessing significant interest in <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/">cryptocurrency</a> transactions from various financial entities such as fund houses, family offices, and institutions. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4e3.png" alt="📣" class="wp-smiley" style="height: 1em; max-height: 1em;"> Bloomberg&nbsp;news: Sygnum Sees Strong Crypto Demand Boosting New Singapore Brokerage <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/25aa.png" alt="▪" class="wp-smiley" style="height: 1em; max-height: 1em;"> Swiss bank saw client assets rise to record at end of May <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/25aa.png" alt="▪" class="wp-smiley" style="height: 1em; max-height: 1em;"> Firm got preliminary nod from MAS for digital payment license New article by&nbsp;Bloomberg’s&nbsp;<a href="https://twitter.com/Suvajourno?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@Suvajourno</a> on Sygnum Singapore who… <a href="https://t.co/RLCCo9Za5m" target="_blank" rel="nofollow">pic.twitter.com/RLCCo9Za5m</a>— Sygnum Bank (@sygnumofficial) <a href="https://twitter.com/sygnumofficial/status/1673234527584436226?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 26, 2023</a>
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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 <a rel="nofollow" href="https://coinedition.com/financial-institutions-show-high-interest-in-sygnums-for-crypto-transactions/">Financial Institutions Show High Interest In Sygnum’s For Crypto Transactions</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

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

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