Banking Giant DBS Hails Bitcoin & Crypto As Brave New Frontier in Report on Future of Finance

DBS, the Singaporean banking giant, has just released an in-depth report on the buzz around Bitcoin, the future of cryptocurrency, and the impact of digital assets on traditional finance.

The 28 page report describes the growing demand for crypto assets and the advantages they offer in a digital world.

“Call it speculative, precautionary, or simply a part of portfolio diversification, digital currencies have captured the investor zeitgeist. Ever since central banks around the world embarked on unprecedented expansion of their balance sheets to combat the Covid-19 pandemic-related economic headwinds, interest in cryptocurrencies, along with gold, has resurged.”

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