Standard Chartered Launches Cryptocurrency Custody Service in the UAE
Tuesday, 10 September 2024, 07:30
Launch of Digital Asset Custody
Standard Chartered on Tuesday announced its highly anticipated cryptocurrency custody service in the UAE. The groundbreaking offering has been granted a license to operate, positioning the bank as a leader in the business of digital asset management.
Key Features of the Custody Service
- Secure storage for cryptocurrencies
- Regulatory compliance to safeguard clients
- Innovative technology for asset management
This strategic move reinforces Standard Chartered's commitment to facilitating the business of digital currencies and meeting the growing demand in the Middle East.
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