DBS Bank
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.
Singapore Starts Two New Token Pilots With Standard Chartered, HSBC and Others
The two new pilots will focus on using DeFi in trade finance and wealth management.
Singapore’s DBS Explains How Big Banks Can Implement DeFi, Too
Project Guardian involved Ethereum scaling system Polygon, DeFi lending platform Aave and decentralized exchange Uniswap.
Chinese Report Slams LUNA; LUNA’s Revival Plan Response
South Korean authorities cite LUNA debacle to call for speedier crypto oversight. China state paper slams crypto and LUNA crash; applauds crypto ban. LUNA community assesses damage and offers solutions. Piyush Gupta of DBS Bank talks on regulation following the LUNA fiasco. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Thailand Warns Over DeFi; India Green Lights Cryptos
Thailand attempts to regulate decentralized finance. India’s central bank gives the green light for banks to support crypto transactions. Singapore’s DBS bank launches its first security token offering. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
DBS Digital Asset Exchange Performance; Cardano Connects Africa Online
Since its launch, Singapore’s DBS Bank’s Q1 performance unveiled how its digital assets exchange performed for the first time.
Binance Under Fire; Internet Giant Naver Takes on South Korea’s CBDC
The Asian crypto industry reacts to the US Department of Justice and Internal Revenue Service money laundering probe into Binance. In South Korea, the nation’s largest internet company plans to join Bank of Korea’s CBDC ventures. Over in Singapore, Southeast Asia’s largest lender DBS Bank expands its crypto services for its private bank clients by launching a crypto trust solution. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Stablecoin Rush Breaks Out; JPMorgan, DBS and Temasek Launch Partior
Stablecoins adoption in Asia is outpacing the world as the transaction volumes of dollar-pegged crypto in the region continue their surge. JPMorgan, DBS Bank and Singapore’s sovereign wealth fund Temasek extend their Project Ubin partnership to form Partior. The new partnership will remove the pain points of cross-border payments and digitize commercial money through blockchain.