Standard Chartered Expands Crypto Custody Services for BTC and ETH in UAE
Tuesday, 10 September 2024, 10:43
Expanding Offerings in Crypto Custody
Standard Chartered has launched its crypto custody services in the UAE, enhancing its position in the rapidly evolving financial landscape.
Supporting Major Cryptocurrencies
- Bitcoin (BTC)
- Ethereum (ETH)
This move signifies a growing acceptance of digital assets among traditional financial institutions, paving the way for wider adoption.
Strategic Licensing
The bank received necessary licensing to operate these services, reflecting a commitment to adhering to regulatory frameworks while meeting client demands.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.