Cryptocurrency exchanges expand Singapore fiat on-ramp, bank partnerships accelerate fund transfers

OnChainDetective · 2025-12-18T03:00:10+00:00

【Crypto World】Crypto exchange Crypto.com has taken new steps in Singapore. Recently, they reached a partnership with a well-known local bank, allowing users to directly deposit and withdraw SGD and USD through banking channels, making transactions more convenient.Another highlight of this partnership is that the bank will set up a dedicated client funds account for Crypto.com. What does this mean? It means more direct fund flow, and the transfer speed of users' SGD and USD can be significantly improved. For frequent traders, this is indeed a positive development.More importantly, Crypto.com emphasizes that the entire scheme fully complies with the regulatory framework of the Monetary Authority of Singapore, which means users can operate within a compliant environment without worrying about risks. This also reflects the increasing importance of deep cooperation between crypto exchanges and traditional financial institutions, and the trend of expanding business through formal channels.

OnChainDetective

2025-12-18 03:00:10

【币界】加密交易所Crypto.com在新加坡又有新动作。最近与当地知名银行达成合作，用户现在可以直接通过银行渠道存取新元和美元，让出入金变得更便捷了。

这次合作还有个看点——银行方面会为Crypto.com设立专门的客户资金账户。啥意思呢？就是资金流转更直接，用户的新元和美元转账速度能显著提升。对经常交易的人来说，这确实是个利好。

更关键的是，Crypto.com强调整个方案完全符合新加坡金融管理局的监管框架，这意味着用户在合规的框架下操作，不用担心风险。这也反映出加密交易所越来越重视与传统金融机构的深度合作，通过正规渠道拓展业务的趋势。

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SandwichTrader

· 2025-12-20 21:02

Bank direct connection is finally here, making deposits and withdrawals much smoother. Singapore finally has some movement. Compliance + speed, this combo is pretty awesome... it should have been done like this a long time ago. It's Singapore again... it seems like Asian exchanges are all competing in deposit and withdrawal experiences. Traditional finance and the crypto world are increasingly collaborating, which is becoming more normal. But it still depends on the actual speed; don't let it be just talk on paper again.

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ApyWhisperer

· 2025-12-18 03:28

Banks are embracing crypto now, so compliance is really no joke anymore. But Singapore's speed is indeed fast; deposit and withdrawal processes are smooth, greatly improving the trading experience. Traditional finance and the crypto world joining hands—that's the right path. Wait, could other places follow suit in the future... The era of quick money is over; now it's about who can be more compliant.

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