DBS – Page 2 – DIGIT INFO

Singapore Grants Crypto Licenses to DBS and Independent Reserve

The Monetary Authority of Singapore (MAS), the country’s central bank, has formally approved two companies to provide crypto services. One is the brokerage arm of DBS, the largest bank in Singapore and Southeast Asia. The other is Independent Reserve, a crypto exchange and OTC trading desk. Singapore’s Central Bank Formally Approves DBS and Independent Reserve […]

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Singapore’s Largest Bank DBS Sees Rapid Growth in Crypto Business, Robust Demand From Investors

Singapore’s Largest Bank DBS Sees Rapid Growth in Crypto Business and Robust Demand From Investors

DBS Group Holdings, the largest bank in Singapore and Southeast Asia, says its crypto business is “growing very rapidly.” The bank’s digital asset trading platform expects to double the number of members by year-end. Singapore’s DBS Expects Substantial Growth in Crypto Business DBS’s senior executives said in an interview, published by Reuters Monday, that the […]

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

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

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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Singapore’s DBS Bank launches digital bond security token

Institutional or accredited investors signed up to the DBS Digital Exchange will be able to access secondary markets for DBS’s digital bond.

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

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

Southeast Asia's Largest Bank DBS Says Trading Volumes on Its Cryptocurrency Exchange Soar 10-Fold

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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Singapore’s largest bank DBS sets up crypto exchange platform

Singapore’s stock exchange SGX will also have a stake in the platform.

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DBS Digital Exchange shows crypto has gone mainstream in Asia: JST Capital

The forthcoming digital asset exchange from Singapore’s largest bank DBS is expected to encourage other Asian financial institutions to reveal their crypto strategies.

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