High Alert

Kraken operator Payward and Singapore Gulf Bank platform for 24/7 institutional crypto settlement

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CoinDesk
Kraken operator Payward and Singapore Gulf Bank platform for 24/7 institutional crypto settlementWorldPing
Image via CoinDesk.

What happened

The two firms will initially roll out the digital assets settlement service to select institutional clients in Asia and the Gulf region with around-the-clock U.S. dollar settlement.

Key facts

  • Reported by CoinDesk and published Mon, 05 Oct 2026 09:26:24 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. French Executives Propose Taxing Crypto-to-Stablecoin Conversions

  2. Kraken parent adds 24/7 dollar settlement with Singapore Gulf Bank

  3. Kraken operator Payward and Singapore Gulf Bank platform for 24/7 institutional crypto settlement

  4. 5 Indicted in France Over Alleged $2M Crypto Aid to Hamas

  5. Technicals signal bitcoin shift, Ethereum gears up for Glamsterdam: Crypto Week Ahead

  6. Vivek Ramaswamy’s gubernatorial run lacks the crypto rhetoric of his presidential bid

  7. Treasury crackdown exposes crypto's role in $2 million Hamas fundraising network

Sources

The original report was published by CoinDesk. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CoinDesk

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