Singapore’s biggest bank launches crypto trust solution
After posting tenfold crypto volume growth in Q1 2021, DBS Private Bank is expanding its crypto services with a new trust solution. Go to Source Powered by WPeMatico
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Southeast Asia’s Largest Bank DBS Says Trading Volumes on Its Cryptocurrency Exchange Have Increased 10 Times
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 … Read more
Singapore’s largest bank posts tenfold crypto volume growth in Q1 2021
DBS CEO Piyush Gupta said the bank’s exchange has scheduled a token offering for Q2. Go to Source Powered by WPeMatico
JPMorgan and DBS to launch blockchain cross-border payment platform
JPMorgan and DBS’ new blockchain interbank platform is designed to complement central bank digital currency projects. Go to Source Powered by WPeMatico
New ASEAN blockchain consortium targets cross-border cooperation
The new ASEAN Blockchain Consortium aims to engage with regulators to ensure compliance and raise industry awareness. Go to Source Powered by WPeMatico
Singapore authority issues crypto warning after PM falls prey to scammers
The Monetary Authority of Singapore has issued a warning to crypto investors after the state’s prime minister was unwittingly caught up in a fake token scam. Go to Source Powered by WPeMatico
Singapore PM tells followers to ‘remain vigilant’ on crypto after seeing name used to sell tokens
“I have nothing to do with the platform,” said Lee Hsien Loong. “It is misleading and done without my permission.” Go to Source Powered by WPeMatico
Non-Fungible Token Sales Begin to Dive, NFT Interest Declines, Finance Author Highlights NFT Oversupply
Non-fungible token (NFT) assets and collectibles are starting to see sales decline and interest in NFTs is dropping as well. Additionally, it’s being said that an “oversupply of NFTs” may hurt the market, according to James Surowiecki the author of “The Wisdom of Crowds.” In 2021, non-fungible tokens have been all the rage and the … Read more
Waves Enterprise expands to Singapore to pursue hybrid blockchain adoption
Asian markets are much friendlier to enterprise blockchain adoption, says Waves’s founder. Go to Source Powered by WPeMatico
Bybit appoints new general counsel to lead global cryptocurrency compliance
Daniel Lim will lead Bybit’s legal and compliance team, following an appointment hot on the heels of Bybit’s U.K. shutdown. Go to Source Powered by WPeMatico