Blockchain innovation is surging throughout Southeast Asia, as the region is home to a number of fintech firms and global crypto companies. In particular, Singapore has become one of the world’s most crypto-friendly countries. This was recently highlighted in a report conducted by crypto exchange Gemini, which found that 67% of 4,348 respondents currently own crypto. The report … [Read more...] about Southeast Asian financial institutions turn to the Ethereum blockchain
Southeast
DBS Becomes First Southeast Asian Bank to Join Hedera Governing Council
The Singapore lender joins heavy hitters such as Google, IBM, LG and others, whose stated goal is to bringing stability and continued decentralization to the public network companies.Oct 27, 2021 at 7:00 a.m. UTCUpdated Oct 27, 2021 at 7:00 a.m. UTCDBS Group Holdings Ltd. bank branch in Singapore. (Lauryn Ishak/Bloomberg via Getty Images) Source link … [Read more...] about DBS Becomes First Southeast Asian Bank to Join Hedera Governing Council
Southeast Asia’s largest bank sees tenfold crypto trading volume growth in Q1
News › Singapore › Exchanges Institutional crypto trading platform DBS Digital Exchange saw its trading volume grow up to $40 million in just a few months. Liam Frost · May 6, 2021 at 5:00 am UTC · 2 min read Trading volumes on DBS Digital Exchange, an institutional crypto trading platform launched by Singapore’s largest bank DBS in December, have increased tenfold over … [Read more...] about Southeast Asia’s largest bank sees tenfold crypto trading volume growth in Q1
Southeast Asia’s first Bitcoin fund launches to meet local institutional demand
The Malaysia-based BCMG Genesis Bitcoin Fund-I, or BGBF-I, has officially launched, claiming to have become the first insured institutional crypto product available in the Southeast Asian region.An announcement states the fund launched in response to a growing demand for institutional crypto products in Southeast Asia. The fund leverages an Artificial Intelligence (AI) powered … [Read more...] about Southeast Asia’s first Bitcoin fund launches to meet local institutional demand