DBS Bank launches blockchain-based Token Services to enhance liquidity management and streamline institutional workflows. Singapore’s advanced regulations boost the adoption of blockchain and digital assets across Southeast Asia. The biggest financial institution in Singapore by assets, DBS Bank, has lately launched a new range of services called DBS Token Services, especially meant to satisfy institutional […]

JPMorgan Chase, Wells Fargo, Bank of America and Citi are unloading billions of dollars in bad debt that they’ve given up on recovering. New earnings data shows the four largest banks in the country collectively recorded $6.9 billion in net charge-offs in Q3 of this year, primarily driven by credit card delinquencies and soured consumer […]

A crypto trader argued that it is easy for crypto market participants to be "convinced sentiment is one way or the other," while claiming that the sentiment is not "that bullish currently."