A booth of OKX cryptocurrency exchange is seen at Hong Kong Web3 Festival, in Hong Kong, China April 13, 2023. REUTERS/Tyrone Siu/File Photo
SINGAPORE (Reuters) -Cryptocurrency exchange OKX said on Monday it would offer instant Singapore dollar-denominated deposits and withdrawals to customers in the city-state, taking a step toward deeper integration with Singapore's traditional financial system as trading and interest in cryptocurrencies surge.
The funds transfer service will be facilitated by Singapore's biggest bank DBS Group and done via the country's PayNow and Fast and Secure Transfers (FAST) payment services, OKX said in a statement.
