Sygnum plans Expansion to Singapore

Sygnum plans Expansion to Singapore

A cryptocurrency firm, Sygnum has held initial talks with Singapore officials to obtain a banking license and plans to catapult its financial services as making it as its base. Co-founder of Sygnum CEO Mathias Imbach said, “We have been approached over the past few months by many parties who hold a lot of cryptocurrencies and look for a fully regulated bank. One of their biggest challenges is to find banking specialists to connect them to the real world, to pay their taxes, their employees’ salary.”

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