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DBS Bank China Launches Digital Yuan Merchant Collection Solution
5.7.2023
Crypto-friendly bank DBS announced the launch of a digital yuan merchant collection solution for business clients.
The new payment solution will allow mainland Chinese businesses to receive payments in the central bank digital currency (CBDC).
The DBS merchant collection platform allows...
Crypto-friendly DBS Bank launches digital yuan payment tool
5.7.2023
Crypto-friendly bank DBS has conducted the first e-CNY transaction for corporate clients, involving a catering company in Shenzhen
Singapore Bank DBS Starts e-CNY Collection Platform
5.7.2023
The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts
Centralized Exchanges Are Here to Stay
25.5.2023
Bitcoin trading up 80% at DBS Bank due to crypto crashes in 2022, says exec
10.5.2023
DBS Bank’s crypto trading platform has been attracting more institutional investors due to crypto exchanges that collapsed last year
Southeast Asia’s Largest Bank DBS Sees 80% Increase in Bitcoin Trading Volume on Its Crypto Exchange
20.2.2023
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...
DBS Says Bitcoin Trading up 80% in 2022 on DDex Exchange
15.2.2023
DBS’ crypto exchange, which is not open to retail traders, currently allows for bitcoin, ether, XRP, bitcoin cash, DOT, and ADA trading
Southeast Asia’s Largest Bank DBS Unveils Plan to Expand Crypto Services in Hong Kong
15.2.2023
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...
DBS Bank to offer cryptocurrency trading in Hong Kong
13.2.2023
As Hong Kong has been opening up to crypto, major financial institutions like DBS Group are targeting new crypto services in the Chinese territory
Today in Crypto: Australia Sues Block Earner, Hacker Steals $42M from Fenbushi Founding Partner, DBS Completes Repurchase Transaction on a Blockchain-based Network
23.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Australia Sues Block Earner, Hacker Steals $42M from Fenbushi Founding Partner, DBS Completes Repurchase...
Singapore Bank DBS Completes Fixed Income Trade on JPMorgan's Blockchain Network Onyx
23.11.2022
Singaporean bank DBS is the latest big bank to harness JPMorgan's blockchain-based fixed income trading network Onyx, becoming the first Asian bank to do so
Largest Japanese Bank MUFG Projects to Offer Financial Services in Metaverse by 2023
9.11.2022
MUFG, the biggest bank in Japan, is projecting to offer financial services through the metaverse in 2023. The financial giant has partnered with ANA Holdings, a holdings consortium focused on air transportation companies, to be part of ANA’s Granwhale metaverse, and explore the possibility...
JP Morgan executes first DeFi trade on a public blockchain: Finance Redefined
4.11.2022
MakerDAO co-founder's death opened a new pandora box of conspiracy theories, based on some of his recent tweets
JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain
4.11.2022
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...
Standard Chartered Invests in JPM and DBS-Backed Blockchain Payment Network Partior
3.11.2022
Standard Chartered has invested in Partior, the blockchain-based payment network founded by JPMorgan, DBS and Singapore government-owned investment fund Temasek
Crypto News Summary: DBS Adopts DeFi Protocols for FX & Government Securities Transactions, Union Bank of Philippines to Launch BTC & ETH Custody & Trading
2.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Crypto News Summary: DBS Adopts DeFi Protocols for FX & Government Securities Transactions, Union Bank of Philippines...
Stablecoin issuers Circle and Paxos gain approvals in Singapore
2.11.2022
The approvals came after the Monetary Authority of Singapore issued two consultation papers that proposed to ease regulatory hurdles for digital asset service providers
Singapore bank DBS uses DeFi to trade FX and state securities
2.11.2022
Major Asian financial institution DBS Bank has applied DeFi technology for a project backed by the Monetary Authority of Singapore
Singapore’s DBS Explains How Big Banks Can Implement DeFi, Too
2.11.2022
Singapore has quietly been playing host to some of the most advanced explorations into cryptocurrency and decentralized finance (DeFi) ever done by big banks, institutions and regulators
Strategist at Southeast Asia’s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price
15.10.2022
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,”...