🏁🏎️ As #Singapore's F1 weekend zoomed by, DBS Bank took it slow in the #crypto race at #Token2049. 🐢🤔 Holding licenses to let clients buy traditional securities with stablecoins, they're not doing so yet. 🚫💰
Evy Theunis, head of digital assets at DBS, says they're "swimming" in the crypto pool, but not diving deep. 🏊♀️🤽♀️ Technical difficulties in tracking stablecoins across multiple chains hold them back. 🌐🔗
But don't underestimate DBS! Their digital asset platform grew 150% YoY, and they're involved in government-related projects. 📈🏛️
What do you think of DBS' cautious approach? 🤔💭 Share your thoughts below! 👇