Singapore’s DBS bank outlines its crypto expansion plan amid bear market

  • Singapore’s biggest bank plans to grow its cryptocurrency and digital assets business despite the crypto bear market, saying it wants to expand its digital exchange and offer services to more of its 300,000 wealthy clients.
  • The bank’s brokerage arm last year received a crypto licence from the Monetary Authority, allowing its wealthy clients access to its DBS Digital Exchange by invitation.

[Via]