Standard Chartered wins license in Luxembourg to offer crypto custody services
Standard Chartered has launched a new entity in Luxembourg to provide crypto custody services across the European Union under MiCA regulation.
British multinational financial giant Standard Chartered has launched a new entity in Luxembourg to offer crypto custody services to European Union clients as the E.U. implements the Markets in Crypto Assets — also known as MiCA — regulation.
In a Jan. 9 press release, the bank said that the Luxembourg office will be part of the bank’s global push into the crypto space, following the launch of similar services in the UAE. Laurent Marochini will lead the Luxembourg entity as chief executive, joining from Société Générale, where he was head of innovation, the press…
