How Standard Chartered is Using Ripple to Rethink Trade Finance
Standard Chartered is moving ahead toward "full commercialization" with its blockchain trial for trade finance.
The DBS Digital Exchange is 10% owned by Singapore's SGX stock exchange.
DBS is planning to launch an exchange for trading bitcoin and other cryptocurrencies, the bank told CoinDesk.
The crypto corridor connecting Switzerland and Singapore is firming up, involving many of the usual suspects in banking, custody and trading.
When it comes to bitcoin, Singapore's DBS Bank sees a "pandemic-led acceleration of adoption."
Asian banking giant DBS and multinational commodity trading firm Trafigura Group are tapping blockchain to facilitate global trade.