The latest initiatives led by the Monetary Authority of Singapore aim to develop foundational capabilities to scale tokenized markets.
Crypto Long & Short: A Giant Awakens
CoinDesk’s Amitoj Singh interviews a senior executive at DBS, the Singapore-based bank moving into digital assets.
Crypto-friendly DBS Bank launches digital yuan payment tool
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
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
Bitcoin trading up 80% at DBS Bank due to crypto crashes in 2022, says exec
DBS Bank’s crypto trading platform has been attracting more institutional investors due to crypto exchanges that collapsed last year.
DBS Says Bitcoin Trading up 80% in 2022 on DDex Exchange
DBS’ crypto exchange, which is not open to retail traders, currently allows for bitcoin, ether, XRP, bitcoin cash, DOT, and ADA trading.
DBS Bank to offer cryptocurrency trading in Hong Kong
As Hong Kong has been opening up to crypto, major financial institutions like DBS Group are targeting new crypto services in the Chinese territory.
JP Morgan executes first DeFi trade on a public blockchain: Finance Redefined
MakerDAO co-founder’s death opened a new pandora box of conspiracy theories, based on some of his recent tweets.
Singapore bank DBS uses DeFi to trade FX and state securities
Major Asian financial institution DBS Bank has applied DeFi technology for a project backed by the Monetary Authority of Singapore.
Singaporean megabank DBS works on expanding Bitcoin trading to retail
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
The bank wants to use its membership to further explore the emerging possibilities opened up by blockchain technology.
DBS wins regulatory approval in Singapore for crypto payment services
Starting next Monday, DBS Bank’s crypto exchange will start operating, allowing institutional investors to trade Bitcoin.
Singapore’s biggest bank launches crypto trust solution
After posting tenfold crypto volume growth in Q1 2021, DBS Private Bank is expanding its crypto services with a new trust solution.
Singapore’s largest bank posts tenfold crypto volume growth in Q1 2021
DBS Bank CEO Piyush Gupta said the bank’s exchange has scheduled a token offering for quarter two.
JPMorgan and DBS to launch blockchain cross-border payment platform
JPMorgan and DBS’ new blockchain interbank platform is designed to complement central bank digital currency projects.