# DBS Bank joins Hedera blockchain’s governing council

# DBS Bank joins Hedera blockchain’s governing council

“# DBS Bank joins Hedera blockchain’s governing council ” The Hedera Governing Council has welcomed Singapore’s oldest bank, DBS Bank, as its newest member, making it the first Southeast Asian lender to join the worldwide Hyperledger organization. DBS Bank, a member of the advisory council on fintech, has joined the blockchain council alongside 39 other…

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# Singapore finance authority grants licenses to Independent Reserve and DBS

# Singapore finance authority grants licenses to Independent Reserve and DBS

“# Singapore finance authority grants licenses to Independent Reserve and DBS ” Singapore’s principal financial regulator, the Monetary Authority of Singapore (MAS), has officially approved two companies to offer cryptocurrency services in the country. MAS issued Oct. 1 licenses to Australian crypto exchange Independent Reserve and DBS Bank’s brokerage arm, DBS Vickers (DBSV), allowing them…

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# DBS wins regulatory approval in Singapore for crypto payment services

# DBS wins regulatory approval in Singapore for crypto payment services

“# DBS wins regulatory approval in Singapore for crypto payment services ” Singapore’s largest bank, DBS Bank, has expanded its scope of supported cryptocurrency services by scoring another regulatory approval. DBS Bank’s brokerage arm, DBS Vickers (DBSV), has received in-principle approval from the Monetary Authority of Singapore (MAS) to provide digital payment token services as…

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# Singapore’s biggest bank launches crypto trust solution

# Singapore’s biggest bank launches crypto trust solution

“# Singapore’s biggest bank launches crypto trust solution ” DBS Private Bank, one of the biggest wealth managers in Asia outside China, has launched a cryptocurrency trust solution amid growing demand for digital assets. After setting up its own crypto exchange in December 2020, the Singaporean banking giant is now expanding its crypto services via…

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# JPMorgan and DBS to launch blockchain cross-border payment platform

# JPMorgan and DBS to launch blockchain cross-border payment platform

“# JPMorgan and DBS to launch blockchain cross-border payment platform ” Major American investment bank JPMorgan is working with Singapore’s largest bank, DBS, and state investment firm Temasek to launch a new blockchain company focused on global payments and interbank transactions. Dubbed Partior, the new firm will use blockchain technology and digitize commercial bank money…

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