Largest Singapore bank launches crypto exchange [Includes BCH!!]

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Avatar for auleo
Written by
3 years ago

During this week Fintech Expo held in Singapore, DBS bank finally announced officially to the public that they going to launch the Crypto Exchange.

This piece of news isn't too new as last month I already get to know from coingecko that DBS , the largest bank in Southeast Asia , intended to break the ice and be the region's first major giant bank to lead crypto development, as my previous post:

Top Singapore bank DBS endorse on BCH!

But today's news is more of official announcement , but I also find some exciting factors in it includes 10% shares will be held by the Singapore Exchange (SGX) as well.

Source: https://fintechnews.sg/46013/blockchain/dbs-launches-crypto-exchange-with-sgx-holding-a-10-stake/

Source: https://fintechnews.sg/46013/blockchain/dbs-launches-crypto-exchange-with-sgx-holding-a-10-stake/

And one more exciting news is the new crypto exchange accept Bitcoin Cash (BCH) ! This definitely could boost the usability and network of BCH in Singapore and this region !

This news spark me some idea to corporate with friends to launch a service online with payment acceptance of cryptocurrencies , in particular BCH , in a way to promote its usage as more and more convenient facility is established for the crypto deposit and withdrawal between Fiat and crypto world. Stay tune for the great news!

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Avatar for auleo
Written by
3 years ago

Comments

hey hey bro.. Hi hi.. =)

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3 years ago

ooh u are old bird here :) really can take a look here leh , especially ur financial crypto article, very interesting !

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3 years ago