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Southeast Asia’s Largest Bank DBS Expands Crypto Business to Meet ‘Growing Demand’

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

DBS, Southeast Asia’s largest bank, has announced a series of milestones for its crypto business. Its brokerage arm has obtained preliminary approval from the Monetary Authority of Singapore (MAS), Singapore’s central bank, and its crypto exchange will start operating 24-7 to meet the growing demand for cryptocurrency. DBS Sees ‘Keen Interest Among Asset Managers and Corporates’ for Cryptocurrencies Southeast Asia’s largest bank, DBS, made several announcements Thursday. Firstly, the bank’s brokerage arm, DBS Vickers (DBSV), “has received in-principle approval from the Monetary Authority of Singapore (MAS) under the Payment Services…

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