Meanwhile, Ukraine has raised over US$54.7 million in cryptoasset donations that will be given to the Ukrainian government and Come Back Alive, an NGO providing support to the military, according to new data from blockchain analytics firm Elliptic.
DBS is not extending its crypto trading services to retail clients by the end of 2022, its CEO Piyush Gupta said at an annual general meeting on March 31, contrary to its earlier plans.
In a response to shareholder’s query, Gupta highlighted that regulatory bodies are “rightfully concerned” about retail access to cryptocurrencies. DBS’s members-only DBS Digital Exchange — available to accredited and institutional investors — recorded over $1.1 billion in trading value in the FY2021 ended December.
