POPA ReconSingapore to Launch Gold Clearing With JPMorgan, Other Banks
Singapore to Launch Gold Clearing With JPMorgan, Other Banks The Singapore Exchange plans to launch an OTC gold-clearing system by the end of 2026, partnering with JPMorgan and DBS to establish the city-state as a regional bullion hub The initiative intensifies competition with Hong Kong and will be supported by new central bank gold vaulting services, expanded tax exemptions, and tokenized gold offerings to attract sovereign reserves and boost market liquidity https://www.bloomberg.com/news/articles/2026-06-15/singapore-to-begin-gold-clearing-this-year-in-push-to-become-hub
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