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Strategist at Southeast Asia’s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price

Strategist at Southeast Asia’s Largest Bank DBS Says Bitcoin Is Unique Regardless of PriceAn investment strategist at Southeast Asia’s largest bank, DBS, says bitcoin is unique whether the price changes or not. “If we just look purely on a price basis, you will see a lot of volatility and that doesn’t inform you a lot about what benefits it actually brings,” the DBS strategist emphasized. DBS Strategist on […]

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Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip

Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the DipDBS, 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 Customers Bought the Dip DBS, […]

BIT Mining (NYSE: BTCM) Invests in Prosper’s Native Tokens To Support New Focus on Bitcoin Mining

Southeast Asia’s Largest Bank DBS Expands Crypto Business to Meet ‘Growing Demand’

Southeast Asia’s Largest Bank DBS Expands Crypto Business to Meet ‘Growing Demand’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 the growing demand for cryptocurrency. DBS Sees ‘Keen Interest Among Asset Managers and […]

BIT Mining (NYSE: BTCM) Invests in Prosper’s Native Tokens To Support New Focus on Bitcoin Mining

Southeast Asia’s Largest Bank DBS Launches First Security Token Offering on Its Cryptocurrency Exchange

Southeast Asia’s Largest Bank DBS Launches First Security Token Offering on Its Cryptocurrency ExchangeDBS, 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. DBS’ First Security Token Offering DBS announced Monday its first security token offering (STO) […]

BIT Mining (NYSE: BTCM) Invests in Prosper’s Native Tokens To Support New Focus on Bitcoin Mining

Southeast Asia’s Largest Bank DBS Launches Trust Service for Cryptocurrencies

Southeast Asia’s Largest Bank DBS Launches Trust Service for CryptocurrenciesDBS 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’ New Cryptocurrency Trust Service DBS Group said Friday that its private banking arm, DBS Private […]

BIT Mining (NYSE: BTCM) Invests in Prosper’s Native Tokens To Support New Focus on Bitcoin Mining

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

Southeast Asia’s Largest Bank DBS Says Trading Volumes on Its Cryptocurrency Exchange Have Increased 10 TimesDBS, 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 […]

BIT Mining (NYSE: BTCM) Invests in Prosper’s Native Tokens To Support New Focus on Bitcoin Mining