dbs bitcoin – DIGIT INFO

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

DIGIT — Sat, 15 Oct 2022 02:30:01 +0000

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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Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip

DIGIT — Thu, 25 Aug 2022 00:00:20 +0000

DBS, the largest bank in Southeast Asia, says that it has benefited from the recent crypto market sell-off. The trading volume of its crypto exchange nearly doubled in July, compared to April. The quantity of bitcoin bought on its exchange grew nearly four times during that time period. DBS Crypto Customers Bought the Dip DBS, […]

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Southeast Asia’s Largest Bank DBS Expands Crypto Business to Meet ‘Growing Demand’

DIGIT — Fri, 13 Aug 2021 15:30:57 +0000

DBS, Southeast Asia’s largest bank, has announced a series of milestones for its crypto business. Its brokerage arm has obtained preliminary approval from the Monetary Authority of Singapore (MAS), Singapore’s central bank, and its crypto exchange will start operating 24-7 to meet the growing demand for cryptocurrency. DBS Sees ‘Keen Interest Among Asset Managers and […]

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Southeast Asia’s Largest Bank DBS Launches First Security Token Offering on Its Cryptocurrency Exchange

DIGIT — Tue, 01 Jun 2021 07:30:17 +0000

DBS, Southeast Asia’s largest bank, has launched its first security token offering (STO) on its cryptocurrency exchange. The DBS Digital Bond is priced at 15 million Singapore dollars. “We expect asset tokenization to increasingly become more mainstream,” said a DBS executive. DBS’ First Security Token Offering DBS announced Monday its first security token offering (STO) […]

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Southeast Asia’s Largest Bank DBS Launches Trust Service for Cryptocurrencies

DIGIT — Sat, 15 May 2021 13:30:29 +0000

DBS Group, Southeast Asia’s largest bank, has launched a trust service for cryptocurrencies for its private banking clients. The service allows clients to invest, store, and manage their cryptocurrencies in a safe, secure, and structured manner, the bank explained. DBS’ New Cryptocurrency Trust Service DBS Group said Friday that its private banking arm, DBS Private […]

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Southeast Asia’s Largest Bank DBS Says Trading Volumes on Its Cryptocurrency Exchange Have Increased 10 Times

DIGIT — Wed, 05 May 2021 01:00:41 +0000

DBS, Southeast Asia’s largest bank, says that cryptocurrency trading volumes on its exchange have grown 10 times to around $30 million to $40 million. The bank is also collaborating with JPMorgan on a blockchain settlement platform and plans to launch its first security token offering in the second quarter, its CEO has revealed. DBS’ Crypto […]

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Southeast Asia’s Largest Bank DBS Launches Full-Service Bitcoin Exchange

DIGIT — Thu, 10 Dec 2020 16:30:30 +0000

DBS, the largest bank in Southeast Asia, has officially announced the launch of several crypto services, including a crypto exchange. DBS’ crypto trading platform supports four fiat currencies and four cryptocurrencies, including bitcoin. DBS Launches Bitcoin Services DBS officially announced Thursday that it is launching a “full-service digital exchange” to provide “tokenisation, trading and custody […]

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