DBS Will Focus on Institutional Crypto Before Looking at Retail Trading Desk

2022-4-29 10:20

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

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Monetary Authority of Singapore Grants Two Licenses to Offer Digital Payment Token Services

Singapore has granted licenses to DBS Vickers, the brokerage arm of DBS Bank Ltd. , and the Australian crypto exchange Independent Reserve to offer digital payment token services. Both the firms were granted an “in principle” approval from the Monetary Authority of Singapore (MAS) under the country’s Payment Services Act in the past two months.

2021-10-2 23:15


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Singapore: DBS Bank Gets Regulatory Approval from MAS to Offer Crypto Services

Singapore-based DBS Bank’s brokerage arm has received “in principal” approval to begin offering crypto services to asset managers and companies. DBS Bank Launches Crypto Services According to a Coindesk report published today, major Singaporean bank DBS Bank’s brokerage arm – DBS Vickers – has finally obtained the go-ahead from the national financial regulator to offerRead More

2021-8-13 06:00


Singapore’s DBS Bank Gets Approval from MAS to Offer Crypto Services to Asset Managers & Companies

Singapore’s DBS Bank is the latest to receive approval “in principle” from the Monetary Authority of Singapore (MAS) under the country’s Payment Services Act. DBS Vickers, the bank's brokerage arm, is the one that received the go-ahead from the country’s financial regulator to begin offering crypto services directly to companies and asset managers via its […] The post Singapore’s DBS Bank Gets Approval from MAS to Offer Crypto Services to Asset Managers & Companies first appeared on BitcoinExchangeGuide.

2021-8-13 19:11


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Southeast Asia’s Largest Bank DBS Says Trading Volumes on Its Cryptocurrency Exchange Have Increased 10 Times

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 the second quarter, its CEO has revealed. DBS’ Crypto […]

2021-5-5 04:00


CleanSpark Acquires ATL Data Centers; Now One of the US’ Largest Publicly-Traded BTC Producer

Everyone wants to take a bite of cryptocurrencies. Every day a new big-name announces their digital asset investment. Just this week, Southeast Asia’s biggest bank, DBS Group Holdings, announced its digital exchange and insurance behemoth MassMutual purchased $100 million in Bitcoin in the long line of mainstream herd jumping on the crypto bandwagon.

2020-12-11 18:27


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Southeast Asia’s Largest Bank Is Launching Crypto Trading And Custody For Bitcoin, Ethereum, And XRP

The largest retail and commercial bank in Southeast Asia by assets, DBS, is seemingly planning to launch a digital assets platform for the trading and custody of major cryptocurrencies. According to an announcement that was posted accidentally and deleted, the forthcoming crypto offering — the DBS Digital Exchange — is backed by the Singapore-headquartered bank […]

2020-10-30 22:34


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One of Asia’s Largest Banks, DBS, Launches Fiat-to-Crypto Exchange; Opens with BTC, BCH, ETH, & XRP

2020 is all about cryptocurrencies as the tide turns. The latest one to jump on the digital currency bandwagon is the largest retail and commercial bank of Singapore, DBS. The bank has soft-launched its cryptocurrency and fiat trading exchange with Bitcoin (BTC), Ethereum (ETH), XRP, and Bitcoin Cash (BCH) as the primary listed crypto assets.

2020-10-27 16:31


China’s Central Bank’s Crypto Proposal Will Assist Banks in Curbing Alipay, WeChat Pay Dominance

The much-awaited Bank of China’s cryptocurrency could be a move by the bank to help curb Alipay and WeChat Pay dominance in the financial sector. Appearing on South China Morning Post financial analyst, Cindy Wang, a renowned analyst with DBS Research Group, claimed that the country is set to benefit as investors and merchants will […]

2019-8-20 21:55