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Standard Chartered, a $800 billion multinational banking giant, has launched a Bitcoin and crypto custody service in the United Arab Emirates (UAE). The bank received approval from Dubai’s Financial Services Authority to offer these custody services. Initially, Standard Chartered will provide custody for Bitcoin (BTC) and Ether (ETH), with plans to expand its offerings. This move is part of Standard Chartered’s broader strategy to deepen its involvement in the digital asset space. The bank has partnered with Brevan Howard Digital to facilitate these services.
JUST IN: 🇦🇪 Standard Chartered bank launches Digital Asset custody service in UAE https://t.co/N9GxtSK2Jq
JUST IN: 🇦🇪 Standard Chartered bank just launched a #Bitcoin and crypto custody service in UAE https://t.co/TEwV5Ko8pZ
Standard Chartered Dives Deeper into Crypto: BTC & ETH Custody Live in UAE Standard Chartered’s move into crypto custody isn’t just another headline - it’s a signal. With Dubai’s approval, they’re kicking off with BTC and ETH, but the real play is positioning for a wider range… https://t.co/BPYyWajvPj
