Singapore bank DBS charts ambitious plans for digital exchange
The Hindu
Soaring popularity of cryptocurrencies has posed a problem for mainstream banks as they try and balance clients' interest in digital coins with regulatory concerns about their risks.
Singapore's DBS Group expects to double the number of members on its new platform for cryptocurrency trading to 1,000 by end-December and grow this by 20-30% annually for the next three years as digital tokens gain acceptability. (Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click to subscribe for free.) In an interview, DBS's senior executives said DBS Digital Exchange, set up in December as a members-only bourse, is seeing robust demand from corporate investors, accredited individuals and investment firms that manage the fortunes of wealthyfamilies.
Karnataka has entered a state of demographic transition where a large working-age population will no longer be enough to drive economic growth, and future gains will depend on how productively people are employed, the ‘State of Working India 2026’ report said.
Key demands in Sulur Assembly constituency include reviving the powerloom sector, addressing farmers' needs, and protecting River Noyyal.
Kodihalli urges Karnataka CM to allocate ₹10,000 crore revolving fund for seamless procurement of farm products under MSP scheme.
Kerala's political parties continue to marginalize women candidates, highlighting a troubling disconnect between gender demographics and representation.
The High Court of Karnataka on Tuesday ordered the issue of a notice to the State government on a PIL petition, which had complained about disturbances caused to people residing in the localities around the National Public School situated in Rajajinagar 5th block due to use of loudspeakers with high volume in the school and parking of school buses in residential areas.
China is extensively mapping ocean floors to enhance submarine warfare capabilities against the U.S. and allies across key oceans.
AIADMK's 2026 manifesto promises free rations, women's benefits, education reforms, and economic growth initiatives for Tamil Nadu.
The vehicle towing drive will soon resume in the city to ease traffic congestion. The Bengaluru Traffic Police (BTP), in coordination with the Greater Bengaluru Authority (GBA), is set to relaunch the vehicle towing drive across the city shortly to tackle traffic congestion and illegal parking.
Panic buying, not shortage, is leading to long queues at Hyderabad petrol pumps.
District Collector urges collective action against TB during World TB Day rally, highlighting screening efforts and patient support initiatives.
DMK finalises seat-sharing for the 2026 Tamil Nadu Assembly elections, contesting 175 seats with allies DMDK and VCK.
Collector V. Saravanan and Police Commissioner Kamini promote voter awareness through outreach programs and traditional events in Tiruchi.
Mysuru DC stresses precautionary measures to reduce road accidents, urging officials to identify and address high-risk areas.