Standard Chartered Enters Digital Asset Services Market in Hong Kong

Standard Chartered Hong Kong is gearing up to launch digital asset services in the region next year, according to PANews. The bank’s initiative will encompass custodial solutions for Bitcoin and Ethereum, the leading cryptocurrencies by market cap. These new offerings aim to build on Standard Chartered’s existing services currently available in Luxembourg and the UAE through the Dubai International Financial Centre, with a planned launch in January. The bank is also exploring strategic partnerships to further advance its digital asset service capabilities.