DBS and Goldman Sachs Enter Crypto Derivatives Market, While China Critiques Stablecoins

Singapore-based DBS Bank has partnered with U.S. giant Goldman Sachs to execute Bitcoin and Ethereum options trades, marking a significant step towards institutional crypto adoption in Asia. This move signals growing confidence among traditional financial institutions in the potential of crypto derivatives. 2025 sees DBS leveraging its established position as a leader in digital assets for institutional investors by partnering with Goldman Sachs to provide structured products. Meanwhile, China’s central bank has issued a critical statement regarding stablecoins, citing concerns about their impact on financial stability. China’s stance is rooted in the government’s longstanding mistrust of privately-issued digital currencies and its focus on promoting its own central bank digital currency (CBDC), the digital yuan. 2025 highlights the evolving crypto landscape across Asia with some nations embracing innovation, while others maintain tight regulatory measures.