Ad Singaporean DBS Bank’s Digital Exchange (DDEx) CEO Lionel Lim said that investors look for regulated platforms instead of searching for the options that provide the best yield, according to Forkast...
Tag: DBS
3 Reasons to Buy SoFi Stock, According to DBS
So far, 2023 has been kind to SoFi Technologies (NASDAQ:SOFI), to say the least. Since the year kicked off, shares have surged ~40%, and investors are wondering if there’s still more fuel left in the ...
Southeast Asia’s Largest Bank DBS Sees 80% Increase in Bitcoin Trading Volume on Its Crypto Exchange – Featured Bitcoin News
The largest bank in Southeast Asia, DBS, has revealed that bitcoin trading volume on its cryptocurrency exchange jumped 80% in 2022 while ether trading volume surged 65%. “We believe that the market h...
DBS Bank Reports 80% Surge in Bitcoin Trading Volume in 2022
Bitcoins held in DDEx’s custody doubled as of December 31, 2022. DDEx saw a rise in its client base with the general uptick in Bitcoin and Ethereum trading. Bitcoin trading on DBS Digital Exchange (DD...
DBS Records 80% Increase in Bitcoin Trading Despite Bear Market: Report
DBS Digital Exchange (DDEx), the crypto trading subsidiary of the Singapore banking giant DBS Group Holdings, witnessed exponential growth in bitcoin trading last year despite the winter that wiped ou...
Banking giant DBS says Bitcoin trading is booming despite market volatility
Bitcoin (BTC) trading has been booming at Singapore’s DBS Bank, which saw volumes climb by 80% on its Digital Exchange (DDEx) as a result of the recent decline in the value of cryptocurrencies and the...
Bitcoin-friendly DBS Bank to offer crypto services in Hong Kong
DBS Bank has revealed that it’s seeking regulatory approval from Hong Kong authorities to offer crypto services to its regional customers. Last year, the bank recorded a four-fold surge in demand for ...
Singapore’s DBS Bank aims for Hong Kong crypto license
Ad Singapore-based DBS Bank is planning to apply for a crypto license in Hong Kong, according to Bloomberg News. The bank didn’t disclose a date for the application but said it wanted to offer digital...
DBS Bank & Hong Kong: Proffer Crypto trading and Bid for License
DBS is planning to expand cryptocurrency services to Hong Kong. Planning to apply for a license so the bank can sell digital assets. It is always exciting when a huge traditional bank vent...
DBS Bank and Huobi Latest Crypto Firms to Head to Hong Kong
Notable businesses like Huobi exchange and DBS bank are planning to expand to Hong Kong. The country is trying to attract businesses with its robust regulatory framework. Hong Kong is becoming the lat...
DBS Bank to offer cryptocurrency trading in Hong Kong
Singapore state-owned megabank DBS Group is planning to expand its cryptocurrency services to Hong Kong as the Chinese territory pushes to become a digital asset hub. DBS Bank plans to apply for a lic...
DBS Bank Seeks Licensing For Crypto Customers In Hong Kong
Crypto News: As Hong Kong strives to become a center for digital assets, DBS Group Holdings Ltd. intends to submit an application for a license that would enable it to provide cryptocurrency to consum...
DBS Bank To Provide Crypto Trading In Hong Kong
Singapore-based bank DBS plans to apply for a license to help offer crypto trading services in Hong Kong. In recent times, Hong Kong has been embracing the crypto industry, which is why significant ba...
Singapore-based DBS Bank To Offer Crypto Trading in Hong Kong
2 hours ago | 2 mins read Bitcoin News Hong Kong has made concerted efforts to entice businesses of the digital asset industry. The DBS Bank in Singapore already runs a digital currency exchange. DBS ...
DBS CEO Says Not Concerned About $976 Million Adani Exposure
(Bloomberg) — DBS Group Holdings Ltd. has about a S$1.3 billion ($976 million) exposure to Adani Group, of which S$1 billion is from a cement firm acquisition financing and the remaining S$300 m...
DBS Profit Beats Estimates on Lending, Pays Special Dividend
(Bloomberg) — DBS Group Holdings Ltd.’s fourth-quarter profit topped estimates, helped by lending gains as a strong capital base allowed the bank to deliver a special dividend. Most Read from Bl...
3 Reasons to Buy Amazon Stock, According to DBS
It’s safe to say most investors did not foresee shares of Amazon (NASDAQ:AMZN) shedding 50% of their value last year but that’s how it panned out in 2022’s market rout. However, 2023 is off to a decen...
These 2 Gaming Giants Have Double-Digit Upside Potential, Says DBS
The video gaming sector is a $195.6 billion dollar industry with a predicted CAGR of 14% through 2030 – and during the last recession, back in 2008, it continued to see strong sales growth. Games have...
YouTube Outbids Amazon Prime Video And ESPN+ For NFL Sunday Night Ticket
Photo by Smith Collection/Gado/Getty Images. Getty Images After DIRECTV made it clear it had no intention of renewing its deal for the NFL Sunday Night Ticket package, which had been bleeding red ink ...
DBS Sees Opportunity in These 2 EV Stocks
No matter the vagaries of day-to-day market action, the target for investors will remain the same as it always has been: To find stocks that promise profitability, and a positive return going forward....
DBS Becomes First Bank in Asia to Use JPMorgan’s Onyx Platform
The advent of the Onyx platform is one of the ways in which JPMorgan believes could help return back efficiencies in some aspects of the daily financing needs of its peers. DBS Group Holdings Ltd (SGX...
Singapore Bank DBS Completes Fixed Income Trade on JPMorgan’s Blockchain Network Onyx
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Banks like JP Morgan, DBS Transacts Over Blockchain
Renowned investment banking firm JP Morgan Chase meant to be involved in finance and transactions, after all this is what it’s competency is. Yet the instance of JP Morgan involved in a tr...
JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain – Regulation Bitcoin News
JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized finance (defi), tokenized deposits, and verifiable credentials und...
Singapore bank DBS uses DeFi to trade FX and state securities
DBS Bank, a major financial services group in Asia, is applying decentralized finance (DeFi) for a project backed by Singapore’s central bank. DBS has started a trading test of foreign exchange (FX) a...
DBS Turns To DeFi
Major Asian financial institution DBS Bank has applied decentralized finance (DeFi) technology to trade foreign exchange and state securities. FX Trading On Private DeFi Pools Singapore’s leading fin...
DBS launches programmable money live pilot for Singapore government vouchers
Singaporean multinational banking firm, DBS, has partnered with Open Government Product (OGP) to unveil the pilot of purpose-bound money-based vouchers. In its Monday press release, the banking leade...
Why Bitcoin is Still a Great Opportunity According to DBS Bank
Singaporean financial services firm DBS Bank believes that Bitcoin remains an unprecedented opportunity despite concerns about the high volatility in the crypto market. During a recent media briefing...
DBS Strategist: BTC Unique Irrespective of Price
Daryl Ho praises Bitcoin, emphasizing on its advantages over fiat. DBS is the largest bank in South east Asia by assets. From a fundamental analyst’s perspective, Bitcoin is akin to a nightmare. Despi...
Asia’s Largest Bank, DBS Strategist Says Bitcoin is Unique Regardless of Price
The post Asia’s Largest Bank, DBS Strategist Says Bitcoin is Unique Regardless of Price appeared first on Coinpedia Fintech News Daryl Ho, DBS investment strategist discussed bitcoin in a recent...