Singapore Gulf Bank at TOKEN2049 Singapore 2025
03 October 2025
  | Written by
3 October 2025

SGB's CEO, Shawn Chan, joined Tether’s panel “Charting the Future of Digital Currency in Banking” during TOKEN2049 Singapore 2025. The discussion explored how banks can champion innovation while navigating the rapidly evolving landscape of digital-currency regulation.

Panelists included:

• Shawn Chan, CEO, Singapore Gulf Bank
• Bo Hines, Tether
• Giles Dixon, Tether
• Jaclyn Tsai, Taiwan VASP Association

In his remarks, Shawn highlighted three key points:

1. A stablecoin strategy is no longer optional. Any bank that wants to remain relevant and competitive must have a clear, forward-thinking strategy for integrating stablecoins.


2. Regulatory clarity is accelerating. We are seeing global movement on novel issues, from the prudential treatment of crypto-asset exposure to technology risk management. The GENIUS Act signals how a global consensus is forming and paving the way for mass stablecoin adoption.

3. SGB is enabling global trade through stablecoins. We are embracing stablecoins to solve real-world problems. We started this journey early, and have been working proactively with innovative partners and a progressive regulator: the Central Bank of Bahrain.

At Singapore Gulf Bank, these three priorities define our approach: building a clear stablecoin strategy, operating within world-class regulatory standards, and applying innovation to real global trade challenges. From Bahrain to Singapore and beyond, we are shaping a unified financial platform where traditional and digital assets connect seamlessly. This is how we deliver safer, faster, and more affordable access to the global economy.

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