“While it’s still winter, we have been swimming … getting our hands dirty for the long run,” said DBS’ head of digital assets, Evy Theunis.
SINGAPORE – As Singapore geared up for the riveting speed of the Formula One weekend in mid-September, crypto-related entities were racing toward opportunity at the Token2049 conference. One seasoned traditional finance player wasn’t in much of a rush, though.
The technical reason for not offering the stablecoin service, Theunis explained, related to how DBS tracks any tokens it processes. For non-stablecoin cryptocurrencies, DBS traces every wallet a token has ever touched before it enters the token into its system. Theunis is at the helm of DBS’ digital assets journey. She originates from Brussels, but given she’s been based in Singapore for almost a decade, she is a unique leader bridging the gap between the West and East’s understanding of crypto.
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