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Tag: dbs group

DBS Ups Stake in China’s Shenzhen Bank in S$376 Million Deal – Fintech Singapore

DBS Group announced its intention to raise its stake in China’s Shenzhen Rural Commercial Bank, a move valued at S$376 million (approximately US$285 million),...

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Centralized crypto exchanges are dying, so long live centralized crypto exchanges?

The journey of the FTX cryptocurrency exchange in 2022 from a US$40 billion company with a superstar CEO to collapse and bankruptcy amid allegations...

Singapore Sees Soaring Bitcoin and Ethereum Trade on DBS Digital Exchange

On Wednesday (15 February 2023), Singapore-headquartered DBS, which is a leading financial services group in Asia, reported an 80% year-on-year growth in the number...

DBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate Cryptocurrencies

DBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate CryptocurrenciesThe 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’ CEO on Cryptocurrency and Regulation DBS Bank Group CEO Piyush Gupta talked about cryptocurrency and its regulation at the recent Economic […]

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