Singapore's Largest Bank DBS Sees Digital Exchange Business Boom
The value of digital payment tokens traded on DBS’ exchange in the first five months of the year tripled over the same period in 2023.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Shinhan Targets $30 Trillion RWA Boom with KRW Tokenized Fund on Solana
Key Takeaways: Shinhan Asset Management is also creating a KRW-stablecoin-based tokenized fund on the Solana blockchain. The proje...
Laser Digital Japan becomes first new crypto exchange in Japan in four years
Japan's regulatory overhaul and Laser Digital's entry could catalyze institutional crypto adoption, aligning taxation with stock p...
Laser Digital gets Japan’s first crypto exchange approval in 4 years
Nomura-backed Laser Digital Japan received registration to provide domestic liquidity before expanding into institutional crypto t...
UAE detentions revive question about Binance bank accounts
The recent police detention of Binance employees in the United Arab Emirates (UAE) bears a resemblance to a 2023 incident when US...
Expect Changes in Rewards and Fees at Crypto Exchanges as Strategies Shift
As major crypto exchanges evolve into all-things-financial-services platforms, they’re investing more in new products to grow and...
BTCS Repays $8.2M Aave Debt As Ethereum Balance Sheet Strategy Shifts
BTCS Inc. reduced its DeFi leverage in the second quarter, repaying $8.2 million in debt to the Aave protocol as the company shift...