Standard Chartered To Launch Crypto Brokerage and Exchange for UK, Europe

Standard Chartered To Launch Crypto Brokerage and Exchange for UK, Europe
фото показано с : coinjournal.net

2021-6-3 12:39

The British banking giant will partner with Hong Kong-based BC Group for the venture, the target being UK and European institutional investors

Standard Chartered and BC Technology Group are set to launch a digital asset brokerage and exchange platform targeted at institutional investors in the UK and Europe.

The venture will specifically involve SC Ventures, the technology arm of Standard Chartered, and OSL, a Hong Kong-based regulated crypto exchange managed by BC Group. The project aims at giving institutional and corporate clients a “safe and reliable investment infrastructure,” said SC Ventures’ Alex Manson.

 “We have a strong conviction that digital assets are here to stay and will be adopted by the institutional market as a highly relevant asset class,” he added in a press statement.

According to the two firms, the new platform is expected to go live in Q4 2021 if regulators give it the all-clear. Customers will have access to Bitcoin and Ethereum, as well as other major digital assets.

Incidentally, the partnership with BC Group for crypto assets follows last December’s unveiling of Zodia Custody, a product the bank said would provide safe and compliant custody of digital assets for its institutional clients.

The team spearheading the new project will be led by Usman Ahmad, the CIO at BC Group, and Nick Philpott, who is a former executive director at Standard Chartered. Ahmad will take up the position of CEO while Philpott will be the COO of the new UK-based broker and exchange platform.

Standard Chartered’s plans for a brokerage and exchange platform come just days after banking and financial services giant HSBC said it had no such plans. The bank’s CEO Noel Quinn told Reuters last week that HSBC would not be providing access to digital assets for its clients or seek to open a trading desk because of volatility.

Bitcoin, which had been plummeting after rallying to an all-time high of $64,863, is looking to break towards $40,000 again. After touching lows of $30,000, BTC price has rebounded to around $38,000 as of writing (up nearly 6% in the past 24 hours).

The post Standard Chartered To Launch Crypto Brokerage and Exchange for UK, Europe appeared first on Coin Journal.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0095806 (-100%)

exchange standard europe chartered brokerage launch crypto

Источник: coinjournal.net

exchange standard → Результатов: 126


Standard Chartered Unit To Launch Crypto Services For Its Rich Clients

Standard Chartered, a major European bank, recently announced its plans to open a cryptocurrency exchange and brokerage platform in the United Kingdom and Europe. The Unit Will Target Institutional Investors According to a Reuters report from June 2, a StanChart PLC entity is planning to launch a crypto trading and exchange platform in the United […]

2021-6-3 00:32


Фото:

Британский банк Standard Chartered запустит институциональную биткоин-биржу

Британская банковская корпорация Standard Chartered заключила сотрудничество с азиатской компанией BC Group для запуска криптовалютной биржи для институциональных клиентов в Европе. Today, @bctechgroup and @osldotcom entered into a joint-venture with @StanChart’s @scventuresDNA to establish a digital asset brokerage and exchange platform for institutional and corporate clients in the UK and EuropeMore details on this exciting venture:https://t.

2021-6-3 15:57


Фото:

Coinbase processed Tesla’s Bitcoin purchase, more Fortune 500 companies rumored to be under its belt

Leading Cryptocurrency Exchange Coinbase has been credited with the facilitation of Tesla’s $1. 5 billion Bitcoin purchase, which has since set a new standard for newcomers, while also singlehandedly driving Bitcoin’s price upward, and adding to the bullish market sentiment shared by members of the Bitcoin community.

2021-2-18 14:26


OKCoin Exchange & Unstoppable Domains Partner to Add Customizable Crypto Wallet Addresses

OKCoin crypto exchange announced on Jan 27 that it has partnered with Unstoppable Domains to introduce customizable crypto addresses for its users. The firm said that the collaboration would make it much easier to send and receive crypto; users will now choose to create their preferred names instead of using the standard hex designed crypto […] The post OKCoin Exchange & Unstoppable Domains Partner to Add Customizable Crypto Wallet Addresses first appeared on BitcoinExchangeGuide.

2021-1-28 17:09


IRS to Revise Form 1040 to Make it Harder for Traders to Escape Crypto Tax Obligation

The Internal Revenue Service is planning to change the 2020 tax form and make sure all taxpayers report about their cryptocurrency transactions. The standard 1040 form will be altered by adding the following questions on the front page: At any time during 2020, did you sell, receive, send, exchange or otherwise acquire any financial interest […] The post IRS to Revise Form 1040 to Make it Harder for Traders to Escape Crypto Tax Obligation first appeared on BitcoinExchangeGuide.

2020-9-27 17:53


Fluidity introduces model to leverage real world assets in decentralized credit facilities

Fluidity introduces model to leverage real world assets in decentralized credit facilities » CryptoNinjas Fluidity, creators of the AirSwap decentralized exchange protocol, has introduced The Tokenized Asset Portfolio (TAP), a standard model to enable real-world assets to be pledged as collateral in decentralized credit facilities, including the MakerDAO multi-collateral Dai system.

2019-7-29 18:51


Фото:

Currency.com Launches Tokenized Government Bonds

Currency. com, a blockchain-based platform that claims to be the world’s first regulated tokenized securities exchange, announced the launch of the crypto version of the Belarusian government bonds and interested investors can now purchase the financial instrument with bitcoin (BTC), ether (ETH) and the fiat standard, according to Fintech Finance report on May 7, 2019.

2019-5-10 11:00


Bitribe ICO

Bitribe Token is the platform currency issued by the Bitribe Exchange, referred to as “BRT”, and the total amount of issuance is 1 billion, and it is guaranteed to never be issued. BRT coins are decentralized blockchain digital assets based on Ethereum Ethereum, which is bas ed on the ERC 20 standard tokens of the Ethereum blockchain.

2019-4-20 03:33


Most of Bitcoin’s Trading Volume is FAKE: Time to Wake the F*** Up?

Hands up, anyone who is surprised that a little-known crypto exchange that apparently had the largest bitcoin trading volume on CoinMarketCap has been exposed as a wash trading scam platform. In the world of crypto where apparently everyone made it to Lamboland during the 2017 bull run, and absolutely everybody knew when to sell, no one will admit that they have been played.

2019-3-24 19:54


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Over 40,000 BTC leave exchanges as Bitcoin hits $82k

Bitcoin rose to a new all-time high above $82 on November 11, 2024 Over 40,000 Bitcoin valued at nearly $3. 28 billion have left exchanges in the past week. The price of Bitcoin (BTC) has climbed to a new record high above $82,000 as the momentum that pushed cryptocurrencies higher continues to dictate sentiment.