As Hong Kong has been opening up to crypto, major financial institutions such as DBS Group are targeting new crypto services in the Chinese territory.
DBS Bank News
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MakerDAO co-founder Nikolai Mushegian's death opened a new Pandora's box of conspiracy theories, based on some of his recent tweets.
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Major Asian financial institution DBS Bank has applied DeFi technology to a project backed by the Monetary Authority of Singapore.
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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.
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DBS Bank’s crypto exchange launched in late 2020, allowing to trade cryptocurrencies only to professional investors.
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The bank wants to use its membership to further explore the emerging possibilities opened up by blockchain technology.
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DBSV and Independent Reserve previously received MAS’ in-principle approvals to provide digital payment token services.
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Starting next Monday, DBS Bank’s crypto exchange will start operating, allowing institutional investors to trade Bitcoin.
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After posting tenfold crypto volume growth in Q1 2021, DBS Private Bank is expanding its crypto services with a new trust solution.
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DBS Bank CEO Piyush Gupta said the bank's exchange has scheduled a token offering for quarter two.
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JPMorgan and DBS’ new blockchain interbank platform is designed to complement central bank digital currency projects.
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Singapore’s stock exchange SGX will also have a stake in the platform.
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The forthcoming digital asset exchange from Singapore’s largest bank DBS is expected to encourage other Asian financial institutions to reveal their crypto strategies.
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Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process.
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Global financial messaging network SWIFT is carrying out a DLT-based shareholder e-voting proof-of-concept in the first half of this year.
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