The number of bitcoin under custody grew by about 30% Crypto exchange’s customer base continued to grow throughout the market volatility Customers are storing more digital assets using its institution...
Tag: DBS
Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip – Exchanges Bitcoin News
DBS, 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 qua...
Bitcoin Trading Hikes On DBS Digital Exchange Despite Crypto Winter
Previously Bitcoin has been fluctuating between the $20K and $25K price marks. Billions of dollars have been wiped off due to the crash in its price, particularly in the last four weeks. The loss has ...
DBS Bank Says Its Bitcoin Trading Surged Amid Global Market Crash
DBS Group Holdings announced on Tuesday that Bitcoin trades on its digital exchange more than doubled in June from the two previous months. The multinational bank said its Bitcoin purchases accounted ...
DBS bank reports 4x growth in Bitcoin buys on DDEx exchange in June
A major cryptocurrency selloff in June 2022 has sparked more interest in Bitcoin (BTC) from institutional investors, according to data from one of the biggest banks in Singapore. The total number of t...
DBS Bank Reports Surge in Crypto Purchase on DDEx Exchange
6 hours ago | 2 mins read Exchange News DBS reported a fourfold rise in the proportion of Bitcoin bought on DDEx. A 40% monthly decline sent the Bitcoin price below $20,000 in June 2022. According to ...
Singapore’s DBS Digital Reports Volume Bounce in Bitcoin Trading
Crypto exchange DBS Digital has reported a doubling in trading volume for the month of June, with buy orders accounting for 90% of trades despite the global selloff. The quantity of Bitcoin bought by ...
DBS says Bitcoin buy orders quadrupled despite crypto sell-off
DBS Digital Exchange, the members-only brokerage arm of Singapore-based BDS bank, reported huge increases in the amounts of crypto trades for its clients in June, up from figures seen in April. The pl...
Bitcoin Trading Doubled on DBS After the June Crash
The Singapore-based investment company – DBS Digital Exchange – stated that cryptocurrency transactions more than doubled on its platform following the June market crash. This comes as a surprise sinc...
DBS bank-owned exchange reports surge in crypto trading volume despite market volatility
Despite volatility in the cryptocurrency markets over the past few months, Singapore’s DBS bank’s brokerage arm DBS Digital Exchange (DDEx), a members-only platform for institutional and professional ...
Singapore’s largest bank DBS reports Q2 earnings
DBS Group CEO Piyush Gupta said the bank’s wealth management and capital markets businesses continue to see “headwinds,” despite the bank reporting robust second-quarter earnings. &#...
Singapore’s Central Bank, DBS, JPMorgan Collaborate to Explore Uses of Digital Assets, Defi – Coinotizia
The Monetary Authority of Singapore (MAS) has partnered with major banks and financial services companies to explore the uses of asset tokenization and decentralized finance (defi). DBS Bank and JPMor...
Singapore’s Central Bank, DBS, JPMorgan Collaborate to Explore Uses of Digital Assets, Defi – Regulation Bitcoin News
The Monetary Authority of Singapore (MAS) has partnered with major banks and financial services companies to explore the uses of asset tokenization and decentralized finance (defi). DBS Bank and JPMor...
DBS Declines to Offer Crypto Services to Retail Customers as Regulation Stiffens
Piyush Gupta, the Chief Executive Officer of DBS Bank Limited, a multinational bank headquartered in Singapore, announced on Friday that the global bank will not provide cryptocurrency trading for ret...
Singapore’s DBS Bank halts plans to offer retail crypto trading
The CEO of Singapore’s DBS Bank, Piyush Gupta, has said that the bank will not offer cryptocurrency services. The recent statement contradicts what the bank had earlier said about plans to offer crypt...
Why does the DBS executive think retail consumers aren’t ready for crypto trading?
The bank in Singapore that serves crypto trading services but currently not allowing or having plans to serve retail investors Chief Executive of DBS, Piyush Gupta, said that the bank has planned to e...
Crypto can be the substitute for gold: DBS CEO
DBS Bank’s senior executive covered numerous important bitcoin themes in a recent interview with The Economic Times. Like many other supporters of the asset class, Gupta regarded bitcoin as a po...
DBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate Cryptocurrencies – Regulation Bitcoin News
The CEO of Southeast Asia’s largest bank, DBS, says cryptocurrency “can be an alternative to gold.” He added that regulating crypto “out of the formal banking system is an unwise thing to do.” DBS’ CE...
DBS Bank Chief Dismisses Fears That Crypto Will Replace Fiat Money: Suggests Regulating Crypto
The CEO of DBS Bank group, Piyush Gupta, advises Central banks to start regulating cryptocurrencies and shed their fear that digital assets will replace fiat money. Gupta further says that by alienati...
DBS Bank Chief Favors Regulating Crypto
Central banks across the globe should start regulating cryptocurrencies and dismiss fears that digital assets will replace fiat currency, said Piyush Gupta, CEO of DBS Bank Group, one of Singapore’s l...
Crypto Could be an Alternative to Gold, Says DBS Bank CEO
Piyush Gupta – CEO of Singapore’s largest financial institution DBS Bank – believes cryptocurrencies could turn into an alternative to gold and its role in the current financial system. However, he do...
Crypto Will Continue To Grow As Store Of Value Like Gold: DBS CEO
Piyush Gupta, the chief executive officer (CEO) at DBS Bank, says cryptocurrencies like Bitcoin will continue to grow as a meaningful store of value, just like gold. However, he also thinks that crypt...
Southeast Asia’s Largest Bank (DBS) Is Launching Bitcoin Trading: Details
Tomiwabold Olajide Bitcoin trading services to launch on Southeast Asia’s largest bank (DBS) DBS Bank, Southeast Asia’s largest bank by assets, plans to provide Bitcoin and cryptocurrency ...
Banking Giant DBS To Offer Retail Crypto Trading Starting Late This Year, According to CEO
The largest bank in Singapore is making a move towards crypto with plans to offer retail trading services for some of the largest crypto assets by market cap. In a new earnings call, DBS Bank CEO Piyu...
Southeast Asia’s Largest Bank DBS to Launch Crypto Trading for Retail Investors – Exchanges Bitcoin News
DBS, the largest bank in Southeast Asia, is planning to launch crypto trading for retail investors this year, the bank’s CEO has revealed. He added that in the first half of this year, DBS will focus ...
DBS Plans to Launch Retail Digital Assets Trading Desk by Year End
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Singapore’s DBS looks to bring crypto to the masses
Singapore’s largest bank by assets, DBS, intends to begin offering digital asset trading to its retail clients by the end of 2022, CEO Piyush Gupta said during the lender’s annual earnings webcast on ...
Singapore’s DBS Bank to launch retail digital asset trading desk in 2022
advertisement DBS Bank, the largest bank in Southeast Asia by assets, will launch a digital assets trading desk for retail customers by the end of 2022, according to an earnings call on Monday. The ba...
DBS Plans to Launch Retail Crypto Trading Services in 2022 End
Singapore-based lender DBS (SGX: D05) is considering to expand its digital asset trading facility to retail customers by the end of this year, the CEO revealed on Monday in an earnings call. Currently...