Tag: Standard Chartered

A Hong Kong dollar-pegged stablecoin backed by Standard Chartered Bank (Hong Kong) could enter public circulation within the next two weeks, according to local media reports citing market sources. The stablecoin, HKDAP, is expected to be issued through Anchorpoint Financial Technology, a joint venture between Standard Chartered Bank (Hong Kong), ...

The European Securities and Markets Authority (ESMA) has expanded its register of crypto companies operating under the European Union's Markets in Crypto-Assets (MiCA) regulation, adding 37 newly authorized crypto-asset service providers (CASPs) after the bloc's transitional period ended. The latest update, published on Friday, brings the total number of MiCA-authorized ...

According to Local reports, South Korean banking giant Hana Financial Group has signed a Memorandum of Understanding (MOU) with Standard Chartered to collaborate on digital asset initiatives, including the development of stablecoins and institutional digital finance solutions.  The partnership, signed at Hana Bank’s headquarters in Seoul, aims to combine both ...

Quick Breakdown  Standard Chartered Hong Kong to roll out digital asset ETF trading in November. Hong Kong approves Asia’s first Solana spot ETF by ChinaAMC. Rising demand among wealthy clients signals growing confidence in crypto exposure.   Standard Chartered steps into digital asset trading Standard Chartered’s Hong Kong arm is ...

Quick Breakdown OKX extends collateral mirroring service with Standard Chartered to the EEA. The programme lets institutions trade crypto while assets stay in bank custody. Expansion aligns with MiCA rules, boosting regulated crypto infrastructure.   Crypto exchange OKX is extending its collateral mirroring programme with Standard Chartered Bank into the ...

Institutional investors are increasingly favouring Ethereum treasury companies over US spot Ethereum exchange-traded funds (ETFs), according to Standard Chartered’s Head of Digital Assets Research, Geoff Kendrick. Kendrick argues that companies like Sharplink Gaming (NASDAQ: SBET) provide better exposure to Ethereum (ETH) than ETFs by combining direct ETH price upside with ...

Standard Chartered has launched a fully integrated digital asset trading service, becoming the first global systemically important bank to offer spot crypto trading to institutional clients through a regulated framework. The new service, rolled out via the bank’s UK branch, enables trading of Bitcoin (XBT/USD) and Ether (XET/USD), with non-deliverable ...

FalconX, a leading institutional digital asset prime broker, has announced a strategic partnership with Standard Chartered, a prominent international banking group. This collaboration aims to enhance FalconX's offerings to institutional clients, beginning with the integration of a comprehensive suite of banking services provided by Standard Chartered. In the first phase ...

Standard Chartered and OKX have launched the Collateral Mirroring Program to enhance institutional investors' trading experience in the cryptocurrency market. This program addresses the complexities and costs of managing collateral across multiple platforms. This can be a significant hurdle for investors seeking to benefit from high returns and diversification in ...

Standard Chartered, the British multinational financial institution, announced that it had obtained a license to enhance its global digital asset offerings and provide cryptocurrency custody services to clients within the European Union from its base in Luxembourg. Laurent Marochini, who previously served as the Head of Innovation at Société Générale, ...