Tue. May 21st, 2024

Standard Chartered Bank to Launch Cryptocurrency Exchange Services, Available to European Markets

Share this:

Standard Chartered Bank to Launch Cryptocurrency Exchange Services, Available to European Markets

Thank you for reading this post, don't forget to subscribe!

Join Telegram Group

Standard Chartered Plc has said it is set to launch a cryptocurrency exchange and brokerage service.

The bank said its innovation arm, SC Ventures, would establish the platform.

The move will be a joint venture between SC Ventures and BC Technology Group, a Hong Kong-based investment company specialising in digital assets, according to Bitcoin.com.

BC Technology operates OSL, the first cryptocurrency exchange to be licensed by Hong Kong’s Securities and Futures Commission.

Read Also: Pinkoin Founder and Pioneer Omotade Sparks Amos Sewanu Arrested By EFCC in Sokoto

“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. We are constructing the building blocks for a safe and reliable investment infrastructure,” the Head of SC Ventures, Alex Manson, said

About The Author

By Tony Chimdiuto

Diutocoinnews Admin. Send all publications to info@diutocoinnews.com.ng

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *

Discover more from DiutoCoinNews

Subscribe now to keep reading and get access to the full archive.

Continue reading