dbs bank – DIGIT INFO

Crypto-friendly DBS Bank launches digital yuan payment tool

Crypto-friendly bank DBS has conducted the first e-CNY transaction for corporate clients, involving a catering company in Shenzhen.

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Bitcoin trading up 80% at DBS Bank due to crypto crashes in 2022, says exec

DBS Bank’s crypto trading platform has been attracting more institutional investors due to crypto exchanges that collapsed last year.

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Southeast Asia’s Largest Bank DBS Sees 80% Increase in Bitcoin Trading Volume on Its Crypto Exchange

The largest bank in Southeast Asia, DBS, has revealed that bitcoin trading volume on its cryptocurrency exchange jumped 80% in 2022 while ether trading volume surged 65%. “We believe that the market has decisively shifted its focus towards trust and stability, especially in the wake of multiple scandals that have rocked the industry,” a DBS […]

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Southeast Asia’s Largest Bank DBS Unveils Plan to Expand Crypto Services in Hong Kong

DBS, the largest bank in Southeast Asia, has unveiled its plan to expand its crypto services in Hong Kong. “We are planning to apply for a license in Hong Kong so that the bank could sell digital assets to our Hong Kong customers,” said an executive of the bank. DBS Bank to Apply for Digital […]

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DBS Bank to offer cryptocurrency trading in Hong Kong

As Hong Kong has been opening up to crypto, major financial institutions like DBS Group are targeting new crypto services in the Chinese territory.

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JP Morgan executes first DeFi trade on a public blockchain: Finance Redefined

MakerDAO co-founder’s death opened a new pandora box of conspiracy theories, based on some of his recent tweets.

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JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain

JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized finance (defi), tokenized deposits, and verifiable credentials under the supervision of the Monetary Authority of Singapore (MAS). Singapore’s central bank is planning two more pilots that involve Standard Chartered Bank, HSBC, and UOB. JPMorgan, DBS […]

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Singapore bank DBS uses DeFi to trade FX and state securities

Major Asian financial institution DBS Bank has applied DeFi technology for a project backed by the Monetary Authority of Singapore.

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Strategist at Southeast Asia’s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price

An investment strategist at Southeast Asia’s largest bank, DBS, says bitcoin is unique whether the price changes or not. “If we just look purely on a price basis, you will see a lot of volatility and that doesn’t inform you a lot about what benefits it actually brings,” the DBS strategist emphasized. DBS Strategist on […]

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Southeast Asia’s Largest Bank DBS Launches Self-Directed Crypto Trading Amid Institutional Demand

Southeast Asia's Largest Bank DBS Rolls out Self-Directed Crypto Trading via Its Digibank App

The largest bank in Southeast Asia, DBS, has launched self-directed cryptocurrency trading via its app. More customers are now qualified to access the bank’s digital asset exchange and trade cryptocurrencies, including bitcoin and ether. DBS Launches Self-Directed Crypto Trading DBS, the largest bank in Southeast Asia, announced Friday that it “has rolled out self-directed crypto […]

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