Standard Chartered Receives Crypto Custody Approval in Luxembourg

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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 adoption of cryptocurrencies within traditional banking systems and highlights the bank’s commitment to supporting the rapidly evolving digital asset market. Let’s delve into what this approval means fo...