Singapore bank DBS charts ambitious plans for digital exchange
Soaring popularity of cryptocurrencies has posed a problem for mainstream banks as they try and balance clients’ interest in digital coins with regulatory concerns about their risks.
Soaring popularity of cryptocurrencies has posed a problem for mainstream banks as they try and balance clients’ interest in digital coins with regulatory concerns about their risks.
The stratospheric rise in the prices of Bitcoin and other alternative currencies have left traditional investors scratching their heads
The DBS Digital Exchange is limited to institutional and accredited investors, but currently has 120 clients and is expected to reach hundreds more
DBS’s crypto exchange will cater only to professional investors at this stage