💰 Standard Chartered will start offering custodial services in the UAE.
🟠 The multinational bank Standard Chartered has received a license from the Dubai Financial Services Authority to provide custodial services for cryptocurrency in the UAE. ⚪️
➡️ For now, the service will be limited to Bitcoin (BTC) and Ethereum (ETH), but the bank plans to expand the range of digital assets in the future, extending its services to other financial centers.
➡️ Standard Chartered will provide cryptocurrency custodial services in partnership with the crypto division of hedge fund Brevan Howard.