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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.
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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,”...
Blockchain.com gets regulatory nod from Singapore’s central bank
13.10.2022
Blockchain.com becomes the second crypto exchange in two days to receive preliminary approval to provide crypto services within the growing crypto hub
Jihan Wu-Backed Crypto Miner Bitdeer Acquires ‘Singapore’s Fort Knox’ for $28.4 Million
26.9.2022
Sources have disclosed that the digital currency mining operation, Bitdeer Technologies, has purchased a high-security storage and display facility in Singapore called Le Freeport for $28.4 million. Bitdeer’s chairman, Jihan Wu, confirmed the vault acquisition via a text message following...
Southeast Asia’s Largest Bank DBS Launches Self-Directed Crypto Trading Amid Institutional Demand
25.9.2022
The largest bank in Southeast Asia, DBS, has launched self-directed cryptocurrency trading via its app. More customers are now qualified to access the bank’s digital asset exchange and trade cryptocurrencies, including bitcoin and ether. DBS Launches Self-Directed Crypto Trading DBS,...
Southeast Asia’s Largest Bank DBS Enters the Metaverse
11.9.2022
DBS, the largest bank in Southeast Asia, says it is “the first bank in Singapore to make a foray into the metaverse.” A DBS executive explained that “The metaverse presents exciting opportunities to redefine how we live, work and engage with each other.” DBS Entering...
Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip
25.8.2022
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...
DBS bank reports 4X growth in Bitcoin buys on DDEx exchange in June
23.8.2022
Crypto investors bought four times more Bitcoin on DBS Bank’s DDEx in June than in April 2022 as BTC price dipped below $20,000
Singapore’s Central Bank, DBS, JPMorgan Collaborate to Explore Uses of Digital Assets, Defi
2.6.2022
The Monetary Authority of Singapore (MAS) has partnered with major banks and financial services companies to explore the uses of asset tokenization and decentralized finance (defi). DBS Bank and JPMorgan will pilot the first project. Project Guardian Launched The Monetary Authority of Singapore...
Singapore to Look at Crypto Use Cases With DBS, JPMorgan and Marketnode
31.5.2022
The Monetary Authority of Singapore (MAS) is starting a pilot alongside financial heavyweights DBS and JPMorgan to explore use cases in digital assets of tokenization and decentralized finance (DeFi)
DBS Will Focus on Institutional Crypto Before Looking at Retail Trading Desk
29.4.2022
DBS’ Gupta said that institutional and accredited crypto is the bank’s focus for now, but doesn’t entirely rule out a retail crypto platform
DBS Retracts Plans to Launch Crypto Exchange for Retail Investors, Cites Regulatory ‘Environment’ Concerns
4.4.2022
The Asian banking giant DBS appears to have reeled in plans to open its crypto exchange services to retail investors – and has apparently been spooked by regulatory concerns....
Read More: DBS Retracts Plans to Launch Crypto Exchange for Retail Investors, Cites Regulatory ‘Environment’ Concerns
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
4.4.2022
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%