News with the tag "DBS bank"

California resident Ken Liem has accused three banks of failing to perform adequate checks that could have blocked the scammers from opening accounts in the first place.

Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework.

The DBS Token Services platform leverages the bank's Ethereum Virtual Machine-compatible, permissioned blockchain.

DBS Bank has launched its “DBS Token Services” for real-time blockchain payment settlements, using smart contracts for enhanced security and transparency.

The United States is lagging behind crypto-friendly regions like Singapore and the UAE, but there’s still a chance it can catch up, says Ripple APAC MD Fiona Murray.

DBS Bank, Singapore’s largest bank, has announced plans to launch over-the-counter (OTC) crypto options trading and structured notes for institutional clients in Q4 2024. This new offering will allow institutional investors to gain exposure to bitcoin and ethereum, the two largest cryptocurrencies b...

DBS Bank crypto options trading will be offered to institutional investors to gain exposure to Bitcoin and Ether.

Singapore's largest bank, DBS, will begin offering OTC bitcoin and crypto options trading for institutional clients in Q4 2024. DBS is the first major Asian bank providing sophisticated Bitcoin derivatives amid rising allocation demand.

While DBS did not say the exact date, the banks said that the newly-announced crypto offerings will begin some time on the fourth quarter of 2024.

The blockchain-based solution builds on DBS Bank’s participation in Project Orchid, an effort by the Monetary Authority of Singapore to test the benefits of tokenization.