Singapore Gulf Bank seeks $50M to fund stablecoin firm acquisition
Singapore Gulf Bank looks to sell equity stake to fund product expansion and a 2025 stablecoin payments acquisition.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Singapore Gulf Bank looks to sell equity stake to fund product expansion and a 2025 stablecoin payments acquisition.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
HIFI Raises $37M To Build Stablecoin And Tokenized Market Infrastructure
HIFI has raised a $37 million Series A led by Left Lane Capital. The company says the funding will expand stablecoin payments, car...
EBA Floats Stablecoin Lending Restrictions for EU Crypto Firms
The European Banking Authority has floated barring EU crypto service providers from arranging or facilitating borrowing and lendin...
Circle and Tether Freeze Stablecoins Tied to Bitget Hack—But Most Funds Slip Away
The two stablecoin issuers blacklisted a wallet labeled "Bitget Exploiter 8," locking about $318,000 in USDC and USDT—but the atta...
SEC’s Hester Peirce wants to end crypto’s KYC honeypots before stablecoin rules create more of them
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce wants financial firms to stop stockpiling customer data aft...
Circle Takes FX Onchain With 24/7 Stablecoin Settlement On Arc
TL;DR Circle has launched StableFX on Arc, giving approved institutions 24/7 access to stablecoin-based foreign exchange settlemen...
EU Banking Regulator Urges Crypto Lending Rules, Floats Leverage Caps and DeFi Certification
The European Banking Authority (EBA) recommended on Sept. 24 that the European Commission consider regulating crypto borrowing and...