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DBS TO FOCUS ON INSTITUTIONAL CRYPTO INVESTING

DBS To Focus On Institutional Crypto Investing

In a recent earnings call, the CEO of Singapore's DBS crypto exchange said that his firm's first emphasis is on extending its cryptocurrency services to accredited and institutional investors and that the bank would explore starting a retail line of business if regulators and technology are in place.According to the DBS crypto exchange, a retail cryptocurrency trading desk would be launched by the end of 2022, which said thi

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RUSSIAN CENTRAL BANK IMPOSES A COMPLETE CRYPTO BAN.

Russian central bank imposes a complete crypto ban.

Russia has already made it illegal to accept cryptocurrencies as a form of payment in exchange for products or services. On the other hand, the study emphasized the need for increased punishments for individuals who break the rules.Ruling out cryptocurrency trading and mining in Russia, the country's central bank today called for a blanket ban on cryptocurrency, claiming that they are "volatile and widely used in illegal act

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