DBS Tech with CECA to Be First Bank to Tap New Crypto Platform From SGX Unit

[Singapore Dancing Spirit]

DBS to Be First Bank to Tap New Crypto Platform From SGX Unit​

By
Joanna Ossinger
October 28, 2022 at 8:30 AM GMT+8

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Singapore’s DBS Group Holdings Ltd. will be the first bank to utilize a digital-asset platform being launched by a unit of SGX Group.​

The platform, MaxxDigital, is from SGX’s MaxxTrader, which provides foreign-exchange and risk solutions for institutions.

Lee Beng Hong, head of FICC at SGX Group, said in an interview that their offering is “trusted, stable, robust institutional grade infrastructure” in a market that’s “relatively inefficient, still relatively fragmented.”

Singapore’s stance on cryptocurrencies has evolved amid 2022’s rout. Regulators are clamping down on risks for retail traders, though the city state continues to seek to become a digital-asset hub beyond that segment.

https://www.bloomberg.com/news/arti...ce=website&utm_medium=share&utm_campaign=copy

 

[Singapore Dancing Spirit]

I came across the following advertisements in Instagram to brainwash the z-generation.

CNA DBS Rech advertises Crypto platform for jobless unemployed Singaporean to earn a minimum of $3800 tp $15000 per month. But I have searched if such advertisements are true, but I could n ot gain any such Info from mainstream media.

WHY??? Any idea???