SGB ​​joins hands with Binance Bahrain to break barriers, digital banks meet cryptocurrencies

Singapore Gulf Bank (SGB) partnered with Binance Bahrain to enable instant exchange and direct transfer of USD to cryptocurrencies, eliminating delays and hidden fees. The integration supports real-time settlement and 24/7 cross-border transactions, aimed at institutional clients within the framework of regulated banks. SGB ​​CEO Shawn Chan stressed that the move is a step towards a crypto-friendly banking ecosystem, leveraging infrastructure connected to SWIFT to achieve seamless digital asset management.