Standard Chartered Cryptocurrency Brokerage Service: A New Era in Digital Assets
The international bank, Standard Chartered, plans to establish a cryptocurrency brokerage service, breaking into this constantly expanding and growing digital medium. The London-based bank, which operates in countries across Asia and the Middle East, is taking a significant step towards integrating the traditional financial sector. According to international media reports, the service will allow only […]
Standard Chartered and Coinbase Expand Institutional Crypto Prime Services
Standard Chartered and Coinbase have announced expansions of their crypto prime services targeting institutional clients. This development impacts custody, execution and settlement workflows for treasuries and asset managers, while raising immediate compliance questions regarding anti-money laundering obligations, travel-rule implementation and segregated custody practices for virtual asset service providers (VASPs) and counterparties.