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Macro & Fed

Standard Chartered to Expand Crypto Custody to Singapore

The bank is extending its digital asset custody footprint, which already includes the UAE, Luxembourg, and Hong Kong.

Standard Chartered to Expand Crypto Custody to Singapore
Image: BullishMarketCap

Standard Chartered is expanding its cryptocurrency custody services to Singapore, according to TheBlock. The move builds on the bank's existing digital asset custody footprint across several global financial hubs.

Global Footprint Expansion

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The financial institution stated that the new Singapore-based service will extend its current crypto custody operations. Standard Chartered already offers these services in the United Arab Emirates (UAE), Luxembourg, and Hong Kong.

Key facts

  • Standard Chartered is launching crypto custody services in Singapore.
  • The expansion builds on the bank's existing digital asset custody footprint.
  • Standard Chartered already operates crypto custody services in the UAE, Luxembourg, and Hong Kong.
#StandardChartered#Singapore#CryptoCustody

Source: theblock.co

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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