Standard Chartered, Avrupa’da Kripto Hizmetlerini Başlatıyor
Investing.com – Standard Chartered (), has announced the launch of crypto services for its customers and business partners in Europe. The bank has obtained a digital asset license in compliance with regulations under the European Union’s Crypto Assets Markets framework and has established a new unit in Luxembourg for this purpose.
In a statement made on January 9, 2025, the bank outlined its aim to provide secure crypto and digital asset custody solutions with this new initiative. Initially, the new services will be limited to Bitcoin (BTC) and Ethereum (ETH), with plans to add more assets throughout 2025. Standard Chartered aims to ensure that its clients can securely store and manage their digital assets with this move.
Services Compliant with MiCA Regulations
The launch of Standard Chartered’s crypto services in Europe follows the implementation of MiCA regulations. Luxembourg stands out as a region known for the European Union’s open regulations regarding financial innovations, positioning the bank as a regulatory gateway in Europe. Standard Chartered is committed to full compliance with regulations and maintaining high security standards while offering its crypto services.
This initiative is seen as part of the bank’s broader digital asset strategy. The company plans to globally expand its digital asset custody services, providing reliable solutions to clients and business partners. Additionally, it has been announced that these new services will be supported by strong venture capital and the bank’s balance sheet.
Standard Chartered’s Crypto Background
Standard Chartered has previously engaged in work related to crypto and Blockchain technologies. In 2021, it joined a consortium of fintech firms and banks to support the adoption of best practices in the crypto market. Furthermore, it provided crypto custody services specifically designed for institutional investors through the Zodia Custody platform.
With these new services, the bank will offer crypto custody solutions aimed at corporate clients in Europe. The expansion of these services seeks to enhance the confidence of institutional investors in their digital asset investments.
Global Expansion Plans
Following its regulatory approval in Luxembourg, the bank plans to expand its crypto services into other crypto-friendly regions. It aims to add services such as crypto trading, staking, and tokenized asset management to its portfolio in the future. These developments will further solidify Standard Chartered’s leadership in the digital asset space while continuing to strengthen the bridges between traditional finance and the crypto world.
This initiative underscores the importance of regulatory compliance in the crypto industry and sets a pioneering example for other traditional banks venturing into the crypto realm.
