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Bitcoin (BTC) trading has been booming at Singapore’s DBS Bank, which saw volumes climb by 80% on its Digital Exchange (DDEx) as a result of the recent decline in the value of cryptocurrencies and the various scandals that have been plaguing the industry.
DBS saw an increase in the quantity of Bitcoin and Ethereum (ETH) under its custody of more than 100% and 60%, respectively. Additionally, DDEx had more than doubled the number of customers it served in 2022, reaching close to 1,200 participants who were registered on the exchange as of December 31, 2022.
More info: https://bit.ly/3IqEUHF