๐๐๏ธ As #Singapore's F1 weekend zoomed by, DBS Bank took it slow in the #crypto race at #Token2049. ๐ข๐ค Holding licenses to let clients buy traditional securities with stablecoins, they're not doing so yet. ๐ซ๐ฐ
Evy Theunis, head of digital assets at DBS, says they're "swimming" in the crypto pool, but not diving deep. ๐โโ๏ธ๐คฝโโ๏ธ Technical difficulties in tracking stablecoins across multiple chains hold them back. ๐๐
But don't underestimate DBS! Their digital asset platform grew 150% YoY, and they're involved in government-related projects. ๐๐๏ธ
What do you think of DBS' cautious approach? ๐ค๐ญ Share your thoughts below! ๐
Evy Theunis, head of digital assets at DBS, says they're "swimming" in the crypto pool, but not diving deep. ๐โโ๏ธ๐คฝโโ๏ธ Technical difficulties in tracking stablecoins across multiple chains hold them back. ๐๐
But don't underestimate DBS! Their digital asset platform grew 150% YoY, and they're involved in government-related projects. ๐๐๏ธ
What do you think of DBS' cautious approach? ๐ค๐ญ Share your thoughts below! ๐