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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...
DBS wins regulatory approval in Singapore for crypto payment services
12.8.2021
Starting next Monday, DBS Bank’s crypto exchange will start operating, allowing institutional investors to trade Bitcoin
Southeast Asia’s Largest Bank DBS Launches First Security Token Offering on Its Cryptocurrency Exchange
1.6.2021
DBS, Southeast Asia’s largest bank, has launched its first security token offering (STO) on its cryptocurrency exchange. The DBS Digital Bond is priced at 15 million Singapore dollars. “We expect asset tokenization to increasingly become more mainstream,” said a DBS executive....
Singapore’s DBS Bank launches digital bond security token
1.6.2021
Institutional or accredited investors signed up to the DBS Digital Exchange will be able to access secondary markets for DBS’s digital bond
DBS Bank CEO: We Have Twice as Many Engineers as Bankers
26.5.2021
Banks and financial regulators should facilitate the tokenization of the financial system, DBS CEO Piyush Gupta said during Consensus 2021
Southeast Asia’s Largest Bank DBS Launches Trust Service for Cryptocurrencies
15.5.2021
DBS Group, Southeast Asia’s largest bank, has launched a trust service for cryptocurrencies for its private banking clients. The service allows clients to invest, store, and manage their cryptocurrencies in a safe, secure, and structured manner, the bank explained. DBS’...
Singapore’s biggest bank launches crypto trust solution
14.5.2021
After posting tenfold crypto volume growth in Q1 2021, DBS Private Bank is expanding its crypto services with a new trust solution
DBS Launches Bank-Backed Crypto Trust Service in Asia First
14.5.2021
The bank becomes the first in Asia to offer crypto trust services providing custody and trading
Southeast Asia’s Largest Bank DBS Says Trading Volumes on Its Cryptocurrency Exchange Have Increased 10 Times
5.5.2021
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...
Singapore’s largest bank posts tenfold crypto volume growth in Q1 2021
4.5.2021
DBS CEO Piyush Gupta said the bank's exchange has scheduled a token offering for Q2
JPMorgan and DBS to launch blockchain cross-border payment platform
28.4.2021
JPMorgan and DBS’ new blockchain interbank platform is designed to complement central bank digital currency projects
SDX Chief Gets Philosophical About Crypto’s Swiss-Singapore Connection
11.12.2020
The crypto corridor connecting Switzerland and Singapore is firming up, involving many of the usual suspects in banking, custody and trading