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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%
DBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate Cryptocurrencies
23.3.2022
The CEO of Southeast Asia’s largest bank, DBS, says cryptocurrency “can be an alternative to gold.” He added that regulating crypto “out of the formal banking system is an unwise thing to do.” DBS’ CEO on Cryptocurrency and Regulation DBS Bank Group...
Southeast Asia’s Largest Bank DBS to Launch Crypto Trading for Retail Investors
16.2.2022
DBS, the largest bank in Southeast Asia, is planning to launch crypto trading for retail investors this year, the bank’s CEO has revealed. He added that in the first half of this year, DBS will focus on making “access to digital assets a lot more convenient.” DBS Bank to Offer...
Singapore’s DBS Bank to Launch Retail-Focused Crypto Trading Desk in 2022
14.2.2022
The major Singapore-based bank DBS confirmed that it is planning to launch a retail-focused crypto trading desk in 2022, after last year doing the same for accredited investors and corporate customers.
The plans include an online portal that allows clients to place orders for various digital...
Singaporean megabank DBS works on expanding Bitcoin trading to retail
14.2.2022
DBS Bank’s crypto exchange launched in late 2020, allowing to trade cryptocurrencies only to professional investors
DBS Bank joins Hedera blockchain’s governing council
27.10.2021
The bank wants to use its membership to further explore the emerging possibilities opened up by blockchain technology
Singapore Grants Crypto Licenses to DBS and Independent Reserve
1.10.2021
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 finance authority grants licenses to Independent Reserve and DBS
1.10.2021
DBSV and Independent Reserve previously received MAS’ in-principle approvals to provide digital payment token services
Singapore’s Largest Bank DBS Sees Rapid Growth in Crypto Business, Robust Demand From Investors
14.9.2021
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...
Southeast Asia’s Largest Bank DBS Expands Crypto Business to Meet ‘Growing Demand’
13.8.2021
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...