DBS Bank announced the launch of DBS Digital Exchange

DBS Bank published, and then deleted information about the launch of the DBS Digital Exchange - the Service for the Exchange of Fiat Cryptocurrency Currency.

DBS, The largest bank in Southeast Asia, Published, and then deleted an application for the launch of DBS Digital Exchange - Service, offering a fiat's exchange Currency on BTC, ETH, XRP и BCH. The remote statement says, that DBS Digital Exchange is supported by the bank, as well as the monetary control of Singapore (BUT).

“Unlike most digital exchanges, DBS Digital Exchange does not store any digital assets. They are stored in DBS Bank, which is known throughout the world for its caste -dodes ", - noted in the statement.

The bank said, that the caste -level of the institutional level of the DBS Digital Custody to protect customer assets has deployed. DBS Digital Exchange also plans to maintain the trade. Industry participants managed to express their opinion on the initiative before, how the statement was deleted.

«Not convinced, that BTC can already be translated, But this is definitely a step in the right direction ", - wrote on the social network Twitter Binance General Director Chanpen Zhao (Changpeng Zhao).

In May, DBS Bank said, that the Contour trading platform uses based on Corda R3 technology to conduct calculations on letters of credit using a blockchain.