The post Standard Chartered Launches Digital Asset Custody in Dubai appeared first on Coinpedia Fintech News
Standard Chartered has launched a new digital asset custody service in the UAE, licensed by the Dubai Financial Services Authority. This service will securely store digital assets, focusing initially on Bitcoin and Ethereum. Brevan Howard Digital is the first client. The launch marks a key step in the bank’s digital asset strategy and highlights growing institutional interest in regulated digital asset solutions. Moreover, Standard Chartered plans to expand its services to include more digital assets and additional financial hubs, reflecting the increasing demand for secure, regulated custody solutions in the crypto space.