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Home›Crypto›Bitcoin›Payward and Gulf Bank plan 24/7 USD settlement for ins…

Payward and Gulf Bank plan 24/7 USD settlement for institutions

The service starts with select institutional clients in Asia and the Gulf region.

Reported · Written up by our desk · Bitcoin

CoinDesk reports that the Payward operating entity behind crypto exchange Kraken and Singapore Gulf Bank will roll out a digital assets settlement service aimed at institutional clients.

According to the outlet, the initial launch will cover select institutions in Asia and the Gulf region.

The firms plan to provide around the clock US dollar settlement as part of the platform.

The rollout will begin with a limited group of clients before expanding further.

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Sources

CoinDeskKraken operator Payward and Singapore Gulf Bank platform for 24/7 institutional crypto settlement

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