Well, well, well! Looks like Aquanow and SGB, two heavyweights in the financial boxing ring, have decided to throw their towels in the ring of digital assets! Itâs like Batman teaming up with Robin, but instead of fighting crime, theyâre fighting⌠bureaucracy?
Now, Aquanow is a digital asset provider from Canada, eh? And theyâve managed to buddy up with SGB, a digital bank sanctioned by, hold onto your monocles, the Central Bank of Bahrain! Thatâs right, folks! Together, theyâre opening the door to fiat banking services for fancy institutions and big-time enterprises strutting their stuff in the digital asset world! Ta-da!
Now, SGB isnât just your run-of-the-mill, one-horse bank. Nope! Theyâve got backing from Bahrainâs wealth fund Mumtalakat and Singaporeâs Whampoa Group. Theyâre like the Avengers of banking, and theyâre the ONLY bank in the Middle East and North Africa that can sign up clients from across the globe with a click of a button! Talk about power moves!
Thanks to this dynamic duo, Aquanowâs clients, which include cryptocurrency exchanges, payment wizards, and fintech geniuses, can now open USD bank accounts. Yes, you heard that right! They can even settle trades and move funds faster than you can say, âWhere’s my wallet?â All thanks to SGBâs official banking status and their shiny SWIFT membership! đ¸
Hold onto your hats, because the fun doesnât stop there! They can now conduct transactions 24/7 in currencies that sound like an exotic dish: USD, AED, SAR, BHD, SGD, EUR, HKD, and CNH. Plus, Aquanowâs crypto services will link up with SGBâs secure banking network, giving businesses a smooth ride while switching between cryptocurrencies and good olâ fiat currency! đ˘
Phil Sham, the big cheese at Aquanow, declared, âAs digital assets become part of everyday financial operations, institutions need more than access-they need reliable, compliant infrastructure to operate at scale.â Translation: âHelp! We need a better way to make money without getting in trouble!â
And thatâs exactly what theyâre doing! Phil continued with enthusiasm: âOur partnership with SGB is like putting peanut butter and jelly together. Two great tastes that taste great together!â (Okay, maybe he didnât say that, but you get the idea!)
On the flip side, Shawn Chan, boss of SGB, chimed in, âOur partnership with Aquanow is marking history, folks! Weâre bridging digital assets with real-deal banking infrastructure!â Cue the marching band!
This partnership is more than just a feel-good story; itâs a big deal for the future of banking in the Middle East, North Africa, and Asia! So, whether youâre a regular Joe or a mega-corporation, thanks to Aquanow and SGB, converting between fiat and cryptocurrencies is about to get as easy as pie. And who doesnât love a slice of pie? đ°
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2025-08-13 18:46