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Standard Chartered debuts crypto services in Europe with new license

Standard Chartered debuts crypto services in Europe with new license

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Source: Coin Telegraph

Banking giant Standard Chartered is debuting crypto services in Europein Europe via its new Luxembourg entity after securing a digital asset license under the MiCA framework.

Update (Jan. 9, 3:40 pm UTC): This article has been updated to add a comment about custody and trading from Standard Chartered.

Standard Chartered, one of the world’s largest banks, is debuting cryptocurrency services in Europe after obtaining a digital asset license in Luxembourg.

The bank announced on Jan. 9 that it is establishing a new entity in Luxembourg to act as its European Union regulatory entry point for offering crypto and digital asset custody services.

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Author: Helen Partz