ChainCatcher news, according to Bitcoin.com, DBS Bank recently stated that the trading value of digital payment tokens on its digital exchange has significantly increased in the first five months of 2024.DBS Bank elaborated: "Compared to the same period in 2023, the value of digital payment tokens traded on the DBS digital exchange (Ddex) in the first five months of this year has nearly doubled in Singapore dollars, the number of active trading customers has increased by 36%, and the digital assets custodied by DBS Bank (in Singapore dollars) have surged by over 80%."DBS Bank explained that this significant growth is attributed to a large influx of deposits from customers seeking secure, bank-grade trading and custodial digital asset platforms. Meanwhile, the total market capitalization of cryptocurrencies has grown by about 50% during the same period.

ChainCatcher news, according to Coingeek, the Osaka Digital Exchange (ODX) based in Japan has launched a digital securities platform called START, which is a proprietary security token trading system (PTS).It is reported that the platform officially went live just one month after receiving PTS operational approval from the Financial Services Agency (FSA) of Japan. Prior to the launch, initial reports indicated that the platform would debut two types of digital securities.

ChainCatcher news, according to Bloomberg, Osaka Digital Exchange Co. will launch Japan's first digital securities trading on December 25, with the first trading target being security tokens issued by real estate investment company Ichigo Inc. Ichigo plans to sell approximately 3 billion yen (about 20.1 million USD) in real estate investment-backed securities.

ChainCatcher news, according to Ledger Insights, the Swiss National Bank (SNB) has outlined its payment vision, planning to issue a true wholesale central bank digital currency (CBDC) on the SIX Digital Exchange (SDX), following various wholesale CBDC tests.It is reported that the SNB's planned wholesale CBDC pilot is the latest iteration of the Helvetia project, with five banks participating, including Citibank, Credit Suisse, Goldman Sachs, Hypothekarbank Lenzburg, and UBS. In terms of settlement, Helvetia initially explored integration with Switzerland's main real-time gross settlement (RTGS) system SIC, which is also operated by the SIX Group. The experiment later expanded to include the wholesale CBDC on the SDX test version as a settlement asset for tokenized securities trading. (source link)

ChainCatcher news, DBS Bank stated that the trading volume of Bitcoin on the DBS Digital Exchange increased by 80% in 2022.Previously, the CEO of DBS Bank mentioned that the revenue from cryptocurrency exchanges is expected to grow by 60%-70% this year. (source link)

ChainCatcher news, the first instance of the H Digital Exchange virtual currency fraud case prosecuted by the Shenzhen People's Procuratorate has been judged, with 15 defendants sentenced to fixed-term imprisonment ranging from 3 to 13 years. This series of cases involves nearly 1,500 victims, with a total fraud amount reaching 220 million yuan.It is reported that the defendants illegally established the H Digital Exchange platform through servers located overseas and operated the trading of their self-created U coin to defraud investors. They distributed enticing and deceptive promotional materials for the platform by organizing events such as the "Chain Business Festival" and manipulated the price of U coin from the initial issuance price of 0.25 yuan per coin all the way up to 1.31 yuan per coin. Subsequently, the price of U coin continuously plummeted to nearly zero market value, until it became untradeable. (source link)