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Tag Archives: DBS

DBS Bank Singapore Rolls Out Blockchain-Based Government Grants Pilot

DBS Bank is implementing a blockchain pilot for government grant disbursements in Singapore. The pilot project initiatives to improve fund distribution and eliminate manual oversight. DBS Bank in Singapore has launched a ground-breaking solution that uses blockchain technology to enhance the disbursement of government funds, signaling a significant move toward efficiency and transparency. In a recent pilot, DBS teamed with Enterprise Singapore (ESG) and the Singapore Fintech Association...

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Private Cryptocurrencies Have No Future, Retiring MAS Director Said

The retiring MAS director believes the future monetary system will revolve around CBDCs, tokenized bank liabilities, and stablecoins. The Director of the Monetary Authority of Singapore (MAS), Ravi Menon, has emphasized that private cryptocurrencies have no future. Menon shared his thoughts as a panelist at an event jointly hosted by the Hong Kong Monetary Authority and the Bank for International Settlements. Earlier, Mr Menon, who spearheaded the fintech revolution in Singapore, announced...

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Singapur: Grösste Bank Südostasiens implementiert Bitcoin!

Die größte Bank Singapurs, die DBS, expandiert in das Segment der Krypto-Währungen. Ihren Kunden werden nun zusätzliche Möglichkeiten angeboten, Dienstleistungen in verschiedenen Krypto-Währungen in Anspruch zu nehmen. Ab sofort wird es für Kunden der Bank möglich sein, Bitcoin, Bitcoin Cash, Ethererum und Ripple über die DBS digibank App zu handeln. Allerdings stehen die Dienstleistungen nur einem teilnahmeberechtigten Kundenstamm zur Verfügung....

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