News with the tag "standard chartered crypto"

In a major step toward expanding its digital asset services, Standard Chartered , a leading British multinational bank, has secured regulatory approval in Luxembourg to offer crypto custody services for European Union customers. This development, reported by Cointelegraph, underscores the growing ad...

Zodia Markets is reported to be in talks to buy Elwood Capital Management, a crypto firm backed by billionaire hedge fund manager Alan Howard.

The Standard Chartered crypto trading desk, based in London, will be part of the bank's FX trading unit.

Standard Chartered’s ventures arm, SC Ventures, and Japanese conglomerate SBI Holdings are collaborating to establish a digital asset joint venture in the United Arab Emirates (UAE). “The joint venture will focus on investing in companies across the digital assets spectrum including market infrastru...

Banking giant Standard Chartered has updated its bitcoin price forecast. The bank’s head of crypto research now expects bitcoin to reach $50,000 this year and $120,000 the following year. “Increased miner profitability per bitcoin mined means they can sell less while maintaining cash inflows, reduci...

Standard Chartered says crypto winter has ended and the price of bitcoin could reach $100K per coin by the end of next year. The global bank’s analyst has identified several factors contributing to the surge in the price of the cryptocurrency, including the recent turmoil in the banking sector. Stan...