As such, JPMorgan Chase, Temasek Holdings and Singapore’s DBS Bank are among the players working alongside the Asian finance hub to test blockchain use cases. Notably, JPMorgan also teamed up with a handful of Indian banks earlier this month and began to settle U.S. dollar transactions using its blockchain platform.
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Finance Heavyweights Partner Up To Bolster Singapore Blockchain Space
Investors and big banks in Singapore are teaming up with regulators to develop a “safer and more efficient way for businesses and investors to make deals.” So reports Nikkei Asia.
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