Standard Chartered Bank Launches Bitcoin and Crypto Custody Service in UAE

The international banking group has been granted a licence by the Dubai Financial Services Authority, allowing it to custody its clients' digital assets.

Sep 11, 2024 - 02:00
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Standard Chartered Bank Launches Bitcoin and Crypto Custody Service in UAE

Standard Chartered has officially launched its digital asset custody service in the UAE, according to an announcement from the bank. The service has been licensed by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), following a memorandum of understanding signed in May 2023.

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