Tag: DBS
Crypto-friendly DBS Bank launches digital yuan payment tool
Cryptocurrency-friendly bank DBS is cooperating with mainland China on the development of a new payment solution for the digital yuan, also known as e [...]
Singapore Bank DBS Starts e-CNY Collection Platform
The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts.
www.coindesk.co [...]
Bitcoin trading up 80% at DBS Bank due to crypto crashes in 2022, says exec
Singapore government-owned megabank DBS is among the few companies around the world that reaped major benefits from massive cryptocurrency collapses i [...]
DBS Says Bitcoin Trading up 80% in 2022 on DDex Exchange
DBS’ crypto exchange, which is not open to retail traders, currently allows for bitcoin, ether, XRP, bitcoin cash, DOT, and ADA trading.
www.coindesk [...]
DBS Bank to offer cryptocurrency trading in Hong Kong
Singapore state-owned megabank DBS Group is planning to expand its cryptocurrency services to Hong Kong as the Chinese territory pushes to become a di [...]
Singapore Bank DBS Completes Fixed Income Trade on JPMorgan’s Blockchain Network Onyx
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Singapore bank DBS uses DeFi to trade FX and state securities
DBS Bank, a major financial services group in Asia, is applying decentralized finance (DeFi) for a project backed by Singapore’s central bank.DBS has [...]
Singapore’s DBS Explains How Big Banks Can Implement DeFi, Too
Singapore has quietly been playing host to some of the most advanced explorations into cryptocurrency and decentralized finance (DeFi) ever done by bi [...]
DBS bank reports 4X growth in Bitcoin buys on DDEx exchange in June
A major cryptocurrency selloff in June 2022 has sparked more interest in Bitcoin (BTC) from institutional investors, according to data from one of the [...]
Singapore to Look at Crypto Use Cases With DBS, JPMorgan and Marketnode
The Monetary Authority of Singapore (MAS) is starting a pilot alongside financial heavyweights DBS and JPMorgan to explore use cases in digital assets [...]
DBS Will Focus on Institutional Crypto Before Looking at Retail Trading Desk
The CEO of Singapore's DBS Bank said in a recent earnings call that his bank’s focus is on expanding its crypto offerings to accredited and institutio [...]
First Mover Asia: DBS Bank's Ditching Retail Crypto Delivers a Small Blow to OSL, Less so to Singapore's Crypto Industry; Cryptos Rise Late Sunday
Even after the news broke, the stock of OSL's parent, BC Technology Group, continued its week-long winning streak on the Hong Kong markets, rising 5%. [...]
DBS Plans to Launch Retail Digital Assets Trading Desk by Year End
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest [...]
Crypto Trading Volume Revs Up at Singapore's DBS Bank
DBS Digital Exchange saw its – albeit modest – trading volume in Q4 2021 grow to $595.5 million, more than double the preceding three quarters.
www.c [...]
Singaporean megabank DBS works on expanding Bitcoin trading to retail
DBS Bank, Singapore’s largest bank, is working on expanding its cryptocurrency exchange beyond its current investor base of institutional clients, ac [...]