Standard Chartered Bank has launched a cryptocurrency custody service in the UAE, with Brevan Howard Digital as its first client for cryptocurrency custody in the region. The service allows customers to securely custody their cryptocurrencies, initially supporting custody of Bitcoin and Ethereum.
Standard Chartered Bank said it plans to expand its scope to cover more types of cryptocurrencies in the coming months and actively explore opportunities to expand custody services to other key financial centers in its business markets. (FinanceFeeds)